independent

Monday 1 September 2014

Trade mission successful in strengthening US links

Alison Comyn

Published 02/04/2014 | 05:28

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Mary T Daly (DBC) Matt Golis (CEO & Founder Yapstone) Cllr Kevin Callan, Mayor Richie Culhane and Thomas J. Villante (Chairman and Founder of Yapstone) at Yapstone HQ, Walnut Creek CA.

A DROGHEDA Borough Council trade mission over the weekend to the US west coast is confident it can deliver further jobs to the town.

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The delegation led by Cllr Richie Culhane, Mayor of Drogheda, and including former Mayor Kevin Callan and Mary T. Daly of Drogheda Borough Council met with IDA Ireland representatives including Rory Mullen, the IDA Senior Vice President on the west coast.

The group met with management of YapStone, the online payment processing company which currently has a base at Millmount, Drogheda, and they indicated they have plans to increase business locally.

'YapStone International announced in October 2012 that they would create 120 jobs at their new EMEA headquarters in Drogheda and is exactly the type of company that Ireland needs to attract to build economic recovery,' says Cllr Culhane.

'From speaking to the YapStone founders, Matthew Golis and Tom Villante, they are certainly not finished growing yet and our ambition is to ensure that much of the next phases of their international growth is driven out of Drogheda – something that will require further expansion of their headcount in our town.'

Former Mayor Callan who was instrumental in creating links with California in 2011 and 2012 said the developments in California were 'strategic and worthwhile.

'Yapstone provide employment locally and the indication of an increase in their business is great news for Yapstone and for Drogheda where its local office dealt with over $38million in payments in 2013 and the projected figure for 2014 is $150million,' added Cllr Callan.

'I was delighted to be able to attend with Mayor Culhane and to help cement bonds that Drogheda now has with California'.

For his part, Matt Golis, CEO and co-founder of YapStone, said the visit was a great opportunity to tell them more about YapStone's global payment platform, including the importance of the international office in Drogheda.

'The availability of highly skilled talent can help us continue to innovate and grow,' he said.

' We look forward to raising the profile of YapStone in the local community and hope to become an employer of choice locally.'

There are no indications of how many jobs could be created or when, or where the headquarters is likely to be located. The delegation added that one of the big selling points of Drogheda to this and other firms is the proximity to Dublin Airport and the fact that Aer Lingus will commence a direct San Francisco service this week.

Drogheda Independent

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