Taoiseach helped convince firm to locate in Ireland, says CEO
on 13/09/2012 14:03:30
Xtralis hopes to employ 50 people at its base in Dublin. This will initially involve the establishment of 10 jobs in Ireland and will involve the relocation of a number of senior key executives to Ireland.
Samir Samhouri, chairman and CEO of Xtralis, explained that a meeting with the Taoiseach in Boston was pivotal to the company's decision.
"Our company was at a final stage in determining its preferred location for its international operating headquarters when I met the Taoiseach at a reception during his official visit to Boston last February," commented Samhouri.
"I was very impressed with his commitment to making Ireland 'the best small country in the world to do business.'
"It convinced me that we had to look at Ireland and it quickly became clear that the country had much to offer as a location.
"IDA Ireland provided excellent guidance and was invaluable in helping us to get our operations established quickly here. It was this flexibility and pro-business environment which was ultimately the deciding factor for us when choosing Ireland over another location."
The company has customers in more than 100 countries and serves more than 60,000 customer sites.
Speaking at a reception in Dublin today, the Taoiseach said: "Xtralis decided to establish its global headquarters in Ireland because it recognised our pro-business environment, our talented workforce and the determination of this government to create the climate for enterprise to flourish.
"The Government is working hard to make Ireland the best small country in the world for business.
"Xtralis is a company which has put research & development at the core of its business and has the potential to further grow its operations in Ireland".
Mr Samhouri believes there is an opportunity for Ireland to attract further investment from private equity-backed companies.
"Ireland offers an excellent environment for privately held companies, and we think this move will help us continue our rapid growth and expansion," added Samhouri.