Cygnum to create 150 jobs with €8m Cork factory extension
Cygnum Timber Frame has opened an €8m factory extension at its headquarters in Macroom, Co Cork.
The expansion, which will increase the company's production capacity from 1,400 to 2,500 housing units per year, will support will support the future hiring of 150 new employees.
Cygnum designs, manufactures and installs timber frame structures for residential developments and has becomes a significant contributor to Ireland's offsite construction sector.
The new extension incorporates advanced manufacturing technologies and digitalisation, enabling greater precision, improved efficiency, and more sustainable use of materials.
The company was recently acquired by Chadwicks Group, the builders' merchant and subsidiary of Grafton Group.
“This expansion is a clear demonstration of Cygnum’s ambition and capability. Increasing capacity to this level is a significant step in supporting the delivery of new homes at the pace and scale required," said Patrick Atkinson, CEO of Chadwicks Group.
"As part of Chadwicks Group, Cygnum is exceptionally well positioned to drive continued innovation and growth within the sector.”
Speaking at the official opening, John Desmond, managing director of Cygnum, said: “This investment marks a transformative moment for our business.
Taoiseach Micheál Martin, John Paul O’Reilly, Managing Director, Specialist Products Division, Chadwicks Group, John O’Callaghan, Finance Director, Cygnum.
"By expanding our capacity and embracing advanced manufacturing technologies, we are better positioned than ever to support our customers in delivering much-needed homes across Ireland.
"We are proud to play a leading role in modern methods of construction and to contribute to a more sustainable built environment.”
Photo: Taoiseach Micheál Martin; Patrick Atkinson, Chief Executive of Chadwicks Group; and John Desmond, Managing Director of Cygnum. (Pic: Cathal Noonan)
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