PM Grows into 11m Cork Office

Saturday 13 December 2003

(Extracted from the Sunday Business Post, 15th June 2003)

PM recently relocated its Cork Operation to an €11m facility. The move highlights the exponential growth of the firm, from its modest beginnings a team of 3 people almost 30 years ago, to its current standing as Ireland's largest full-service engineering and project management firm with an annual turnover for 2002 of €85m.


The new building will house PM's 450 Cork-based employees, many of whom are shareholders in the company (75% of the company is owned by 300 of its employees, the other 25% was purchased in 1988 by global engineering giant Foster Wheeler).
Says Billy O'Neill, Associate Director 'The new office features sustainable, energy efficient design. Although it's 4 times the size of PM's old office, it operates on only twice the energy usage'.


PM specialises in complex projects. 'The more complex the project the better' says Billy O'Neill 'PM's biggest skill is in the co-ordination of multiple activities and disciplines across a range of sectors'. Today's projects, whether industrial, commercial and infrastructural, have become very complex and PM addresses its client's changing requirements with a full-service approach. Across the globe, PM ensures that fast-track projects, from pharmaceutical plants to power stations, come to fruition. The company sees Europe as its marketplace and can quickly put together trans-national teams to deliver overseas projects, for example the Irish, UK and Polish offices are currently working on design for two projects in Moscow. Vital to PM's success has been the practice whereby multi-nationals initially engage the company for work in Ireland and subsequently retain them for projects in the UK, Europe and further afield. For instance PM developed a relationship with Amersham Health on its arrival in Ireland 10 years ago. Today the company is executing projects for Amersham in China and Norway, as well as at its Irish facility.


Also in Cork, PM has recently completed a new tableting facility for French pharmaceutical company Fournier and an extension to Stryker Howmedica's Osteonic devices manufacturing facility.

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