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BREAKING: Limerick company announces 60 new jobs and plans to double revenues to €20m
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TAKUMI, the Limerick-based precision engineering firm, has announced 60 new jobs as it foresees a recovery from Covid in mid-2021.
The company set up by Gerry Reynolds in 1998 has also announced a new management structure as it prepares for a positive and sustainable return to growth having weathered the 2020 Covid storm.
Revenues dropped significantly during 2020 due to supply chain turbulence and disruption caused by the Covid-19 crisis . However, the company foresees recovery from mid-2021, a doubling of revenues and the creation of an additional 60 new jobs over the next four years at its facility. Focus is now on rebuilding and securing resources to meet the needs of an ever-growing customer base. The company already employs 80 people at its facility in the Raheen Industrial Estate.