Fexco opens €21m research and development centre in Kerry

Fexco has opened a €21 million research and development facility in Killorglin, Co Kerry. Dedicated to Stanford University computer scientist John McCarthy, the 57,000 sq ft building houses Fexco's Research Development and Innovation Centre, and digital innovation centre RDI Hub, a not-for-profit public private partnership focused on the commercialisation of innovation and research and backed by Fexco, IT Tralee and Kerry County Council. Some 125 Fexco staff will be located at the building, replacing a manufacturing facility that was closed in 2012. Fexco said the operation is aimed at driving its continuing development as a leading global fintech company. "This new building signals our commitment to providing world-class innovative fintech solutions to a global audience as well as supporting our local community, through job creation and local investment," said Denis McCarthy, chief executive of Fexco.