Tricel Director speaks at launch of the EU funded Institute for Economic and Enterprise Research

The launch of the Institute for Economic and Enterprise Research (iEER) took place on the 28th June 2016 in Brussels. The conference was organised through the collaboration of the European Commission Director General and the European Committee of the Regions. The EU-funded project aims to support young entrepreneurship and to foster the growth of upcoming innovative thinkers. In order to achieve this goal, it has a project budget of 2.3 million Euro.

The overall aim is to achieve this through promoting the collaboration of European sectors. The conference was launched by Mr. Markku Markkula, the President of the European Committee, who had strongly expressed his support for such a worthy and beneficial project.Delegates attending iEER event Brussels

Con Stack, who is a Director at Tricel, a leading manufacturer for the Water, Environmental, Construction & Material industries, was invited to be a guest speaker at the groundbreaking event. Mr. Stack has been actively involved with many Enterprise Ireland projects, including the 2015 International Selling Programme. The International Selling Programme is Enterprise Ireland’s flagship programme designed to equip companies with the necessary tools to reach their export sales potential in today’s global market climate.

Mr. Stack’s participation, and that of those like him, helped to demonstrate and highlight a variety of best practices relating to the nurturing, support and development of entrepreneurial growth. The conference acted as a network exchange for the sharing of valuable insights in relation to the fostering of entrepreneurs and those with innovative and new business approaches. In all, over a hundred participants from all over the European region attended the launch, ensuring a strong network of inter-regional collaboration.

The need to nurture such spirit among today’s growing businesses was highlighted by the European Commissioner for Internal Market, Industry, Entrepreneurship and SMEs Ms. Elżbieta Bieńkowska. These sentiments were echoed by Mr. Lambert Van Nistelrooij, a prominent member of the European Parliament, who stated “The European parliament considers entrepreneurship, particularly young entrepreneurship, very important, so from the Parliament’s viewpoint, the iEER is a pearl among European projects”.

The EU funded project will offer a means to boost and solidify relationships within the geographically segmented business sector, and help set up a strongly supportive entrepreneurial climate within Europe. Such factors indicate the creation of a fertile ecosystem which is primed for the growth of many new and innovative businesses.

Tricel announce the acquisition of FiberGlass Supplies (Leeds) Ltd.

Fiberglass Supplies (Leeds) Ltd.

Tricel announces further development of its Material’s Division with the acquisition of FiberGlass Supplies (Leeds) Ltd.

Tricel, a global provider of high performance solutions for the Water, Environmental, Construction and Material Industries, announced today the acquisition of FiberGlass Supplies (Leeds) Ltd, significantly expanding the company’s portfolio of fibreglass products. FiberGlass Supplies (Leeds) Ltd are a leading provider of fibreglass and GRP roofing products in the UK.

Based in West Yorkshire, the company has a strong presence both on and offline in the Fibreglass industry with over 30 years’ experience. The company specialise in a wide range of products from Roofing kits, Fibreglass supplies, Gelcoats and Resins across a diverse range of industries including Construction, Industrial, Marine & Automotive.

Mike Stack, CEO of Tricel has stated that “acquisitions form an integral part of our growth strategy across all industries and the acquisition of FiberGlass Supplies (Leeds) Ltd, along with other recent acquisitions, strengthens our position in these markets. Fibreglass is a rapidly growing market and a key focus for Tricel in 2016. The acquisition will help deliver our strategy to be a major fibreglass player delivering quality products and excellent customer service. We are delighted to welcome FiberGlass Supplies (Leeds) Ltd to the group”.

Tricel has evolved from its beginnings as a manufacturer of GRP products into a successful multinational corporation whose operating divisions include Water Storage, Environmental, Construction and Materials. Tricel have manufacturing locations in 7 countries across Europe, possessing a broad and distinct range of capabilities which enable Tricel to supply a diverse range of products to over 50 countries worldwide.

100 new jobs to be created across Tricel companies

100 new jobs are to be created by Killarney based manufacturing and engineering group Tricel with 40 of these to be situated in the company’s headquarters in Killarney. The new jobs, including graduate positions, will bolster the existing workforce of 250 based in Ireland, UK and France over the next 18 months and will strengthen operations in management, engineering, R&D, product development, marketing and manufacturing. The 40 new jobs in the Killarney HQ will be worth an extra €2.4m to the local economy.

This project is supported by the Department of Jobs, Enterprise and Innovation through Enterprise Ireland.

Tricel is a European leader in the development and manufacture of advanced and specialised composite products from water storage tanks and wastewater treatment systems to construction and building products as well as specialist moulding and filler products for the manufacturing and automotive industries. The new jobs also mean that the company will invest in more resources to facilitate its expansion across the company and it is hoped that many of the new graduate positions could be filled from local third level colleges in the Munster region.

Originally known as Killarney Plastics which was founded in Killarney in 1973, Tricel also established further operations in UK in 1993 and in France in 2011 from where it won ‘Best Irish Company in France’ award in 2012. From 2010 to 2013 the company saw growth of 57% with an extra 75 jobs created then and has forecasted turnover to double in the next four years. This will be achieved by the continuing expansion into new markets and through the introduction of new and innovative products into recently newfound markets throughout Europe, Middle East, Australia and the American continents.

Richard Bruton TD announcing 100 jobs at Tricel

Minister for Jobs, Enterprise and Innovation Richard Bruton with Con Snr, Mike and Robert Stack, at Tricel, Killarney at the announcement that 100 new jobs are to be created across the individual Tricel companies. (L-R: Robert Stack, Con  (Snr.) Stack, Minister Richard Bruton and Mike Stack)

Making the announcement today Minister for Jobs, Enterprise and Innovation, Richard Bruton TD said: “Jobs are growing in every region of the country – however they are growing faster in some regions than in others. That is why at the heart of our Action Plan for Jobs is acclerating jobs growth in every region. Key to this is creating a powerful engine of Irish industry – companies like Tricel, operating in manufacturing and engineering sectors, often family owned, have huge capacity to drive employment growth in every town and village of the country. We have put in place a range of measures over the past four years to support the growth of companies like Tricel right around the country, and we have seen impressive employment growth in these companies. Today’s announcement that Tricel is creating an extra 100 jobs, of which 40 in Kerry, is a huge boost for Killarney and for the whole South West. I wish Mike and all the team every success with this project”.

Tricel Managing Director Mike Stack said: “Our main success and expansion was actually fuelled by the recession in Ireland which had a detrimental effect on our Irish market which forced us to increase focus on our existing UK market and also on further export markets. We bucked the trend and backed ourselves by making a multimillion euro investment in R&D and plant & machinery within this period. Amongst our biggest business achievements during this time was the fact in 2007 we exported 5% of our turnover and were highly dependent on the Irish construction market. By 2013 our exports had increased to 70% of our turnover. This investment has led to continuous process and design improvements which have ensured our current and future success. Being a privately family owned business we pride ourselves in supporting the local economy and where possible, local manufacturers and service providers are the preferred supplier choice. We’re very grateful for the assistance we’ve received from the Government through Enterprise Ireland which has really helped us grow our business and exports to help create these jobs”.

The Stack family were keen to point out that a game changer and turning point for the company was when they made the decision to enter the environmental market with a domestic waste water treatment system. As the success of this product became apparent in Ireland they made the decision to manufacture it in modular form which would allow it to be transported overseas at a competitive cost. This eventually led to the decision to assemble the product in their Gloucester factory to service the UK market and to open a purpose built assembly factory in France to service the French market.

Tricel celebrates rebrand with Minister Deenihan

Tricel Killarney - Generations of Innovation

The Stack family pictured with Minister Deenihan

Tricel (Killarney) celebrated the launch of their rebrand on the 28th of March with Minister Jimmy Deenihan, Minister for Arts, Heritage and the Gaeltacht.

The launch was also attended by several other local T.D’s, Councillors and Business people.

Also in attendance was the company’s founders Anne and Con Stack. Tricel is now managed by their four sons, Michael, Con, Richard and Robert and has inspired the company’s tagline ‘Generations of Innovation’.

Tricel Killarney staff photo

Group shot of staff at Tricel (Killarney)

Michael Stack, Managing Director spoke on his thoughts of the rebranding process

“I am very excited to be leading the group as it enters a new era under the Tricel banner. When we began this rebranding process, a clear vision was laid out as to what we wanted it to achieve and I am delighted with the way it has turned out. Since 2002, the Tricel name has been one of the leading lights in the group structure and I feel that now is the most opportune time to place it front and centre of what we are offering.”

KMG rebrands as Tricel

New Tricel logo

Killarney Manufacturing Group (KMG) headed by its founding company Killarney Plastics, has undergone a rebrand. On the 28th of March 2014, companies in the existing structure were renamed to Tricel.

With companies spread across Ireland, the UK and mainland Europe under a number of different names, moving into a new era under the Tricel banner will promote our unique vision. Tricel is already an established name in a number of countries and the rebrand is a positive step in signifying our future success.

Building on a sustained record of growth and achievement since our foundation in 1973, we have become the market leader in the supply of Water tanks, Environmental, Construction and Materials. With over 250 employees, we export a wide range of products to over 50 countries worldwide.

The original Tricel brand was established in 2002 as we expanded into new markets and now 2014 is the perfect time to implement the rebrand so all aspects of the company can come together under a progressive new identity.