MTM Engineering has announced the creation of 200 jobs as it moves into its new headquarters in Slane, Co Meath.
The new jobs will bring the company's total workforce to over 1,000 people by the end of the year.
MTM is a global service provider in power and communication services and with 90% of its revenues generated outside Ireland, it has established itself as a major player in global markets, particularly in the rapidly growing data centre sector.
Brendan Mee, MTM's CEO, said today marked an exciting milestone for the company.
"The investment represents our long-term commitment to growing both our business and our presence in the local community - as well as throughout Europe and beyond," he said.
"The new roles will span a variety of functions, including engineering, operations, finance, commercial, health & safety, quality, logistics and administration, helping us continue to meet the growing demand for our services while maintaining our dedication to innovation and quality," he added.
Since its foundation in 1997, MTM Engineering has evolved from a cable installation and termination company in Ireland to a leading global provider of the critical path delivery in power and communication services and it now operates in 10 countries.
It has bought Leo Larkin Electrical, CET Connect, ATSS Ventures and TA Ronan over the past three years to expand their service offerings in adjacent sectors and new markets, with both CET Connect and TA Ronan continuing to grow within their marketplace.
In 2022, MTM partnered with Waterland Private Equity Ireland to advance its global growth ambitions.
Laura Dillon, Partner at Waterland Private Equity Ireland, said that MTM Engineering is a reflection of its leadership in the data centre sector.
"The company has shown remarkable growth in international markets, and we are thrilled to support this next phase of development. The creation of 200 jobs will provide a substantial boost to the local economy and reinforces Ireland's reputation as a hub for cutting-edge infrastructure services," she added.
