US cereal giant Kellogg is reported to be considering setting up a local office in Dublin or the surrounding area.

The company is currently looking for a new office that would employ up to 200 people, reported the Irish Independent. Kellogg currently employs 38 staff in Ireland, mainly in marketing, sales and distribution.

Kellogg’s Irish unit had turnover of €77m (US$91.4m) in 2002, according to the newspaper.