US conglomerate United Technologies Corporation has chosen to house its European research hub for energy and security systems in Cork, creating 37 high-value jobs.
The graduate science jobs will be filled over the next four years as part of a 15 million-euro (??13 million) investment from UTC at the University of Cork's energy research centre. UTC business interests include providing products and services to the building and aerospace industries.
Enterprise minister Batt O'Keeffe said the deal is an endorsement of the country's talented workforce. It will be a welcome boost to the number of graduate energy and utilities jobs on offer in the region.
"UTC is among the world's most respected technologically driven corporations and it is a global leader in its field across a range of business sectors," he added.
"This investment is a unique opportunity for Ireland to partner with this global leader in advancing our research capability and creating high-value jobs in the clean technology sector.
"I am delighted that UTC has selected Cork's Tyndall National Institute in UCC, which specialises in information communications technology, to host the new centre."
The firm will also become the founding member of the International Energy Research Centre (IERC), a new initiative jointly funded by the Department of Enterprise, Trade and Innovation and the Department of Communications, Energy and Natural Resources.