Serial investor John Ryan has put big money into helping build up Dundalk 3D printing group Mcor, which has ambitious growth plans including an IPO. The Louth firm is raising 5m in order to scale up with 100 new employees and target sales of up to 2,000 printers a month.
Based in Dunleer, the firm has orders from Boeing, Disney, Toyota and Nasa for its printers, which print 3D models and prototypes in colour from paper and ink. Silicon Valley-based Ryan worked in RTÉ before moving to America's West Coast and developing a way to stop CDs being counterfeited. The Tipperary-born technology entrepreneur floated his Macrovision on Nasdaq, where it was briefly worth around 4bn during the first dotcom bubble. Ryan's Ravensdale Investments holds stakes in a number of start-ups as well as having valuable patents.