170 jobs are to be created in Co Clare in two companies who will design and manufacture protective coverings for mobile phones and other hand held devices.
US company Zagg, which is headquartered in Utah, is to base its European expansion out of the Shannon Free Zone with the creation of 40 jobs. Local company Cregg will create the remainder of the jobs, primarily in manufacturing.
Zagg makes transparent films to cover screens and fashion-savvy covers and other protective coverings to keep devices such as mobile phones and iPads new looking.
It is setting up a design, administration and sales and marketing at Shannon which will employ 40 people. It has contracted local outsourcing company Cregg Logistics, a substantial employer in Shannon, to manufacture its products and that company plans to create a further 130 positions.
Zagg says there are many reasons for choosing Shannon, but Ireland's competitive 12.5% corporation tax rate, 'definitely sealed the deal'.
Zagg hopes to more than double the 170 jobs being announced today by the end of 2014. Zagg had a turnover of $76m last year, having doubled its turnover every year since it was formed in 2005. It is listed on the Nasdaq in New York.
The Minister for Enterprise and Employment, Richard Bruton, says today's announcement shows there are still many positives to the Irish economy.
Today's new jobs are being supported with grant aid from the Government through Shannon Development.
Meanwhile, Shannon-based Bustec, which is involved in data and measurement technology, has landed a €15m contract with US technology firm Lockheed Martin. Bustec will supply data capture and testing equipment which will be used by the US Navy.
