More than 300 jobs are to be created in Co Kerry over the next four years with the opening of a new research and development centre.
Fexco is opening the €21m facility in Killorglin on a site that was closed down in 2012.
The fin-tech company already employs 125 people in the area and was set up in 1981.
Local councillor John Francis Flynn says the town is very lucky to have a company like Fexco.
"The people are very proud of Fexco," he said.
"In our town, in a recent survey, we were the only town in the country where there is actually two jobs for every person of population in our town.
"So we're very lucky. And a lot of that goes down to the McCarthy family and to Fexco."