An increased amount of jobs than originally forecast are to be created in Shannon as part of the development of a new manufacturing site.

The Clare Echo was the first to report in March of this year that up to sixty jobs would be made as Universal Display Corporation (UDC) and PPG jointly establish a manufacturing site. It is to be located at what was formerly the Avara pharmaceuticals plant and will produce energy-efficient, high-performing materials for the LED light market demand.

On Thursday, the companies confirmed they were embarking on a multi-million euro capital investment which they said would create up to 100 high-tech jobs in Shannon. The facility aims to broaden the global footprint and increase the production of Universal Display Corporation’s (UDC) energy-efficient, high-performing UniversalPHOLED® materials to meet growing organic light emitting diode (OLED) market demand and evolving industry requirements.

Director of OLED Material Manufacturing Limited, Austin McCabe said they were “excited about the new Shannon facility”. He outlined, “Together with our long-term partner, PPG, this multi-million-euro investment will expand the global manufacturing footprint for UDC’s proprietary state-of-the-art phosphorescent emissive materials to meet the substantial growth forecasted for the OLED market”.

PPG Plant Manager, Gerry Cahill was confident the project would bring “a broad spectrum” of jobs to the Mid-West. “The expansion into Ireland with the addition of the Shannon facility shows confidence in not only the UDC-PPG partnership but also in Ireland as a place in which to invest and do business,” he stated.

CEO of Shannon Chamber, Helen Downes was pleased to see a technology of the future breathing new life into Shannon. “The significance of a decision of this nature is manifold. Not only does it bring new investment to Shannon but it provides opportunities at a much wider level, through the delivery of high-calibre employment and the attraction of new skills in a technology-driven sector”.

Clare TD, Cathal Crowe (FF) felt the economic difficulties of this year and last emphasised the importance of the investment, “The Shannon area is the jewel in the Midwest region’s crown and is one of the main drivers for investment and employment here”. Deputy Crowe added, “It goes without saying that having the presence of an international airport just beside these facilities is a major plus for any firm looking to the Midwest region. This is among many reasons as to why we need to ensure continued investment for Shannon Airport”.

Addition of extra jobs to Shannon represented a huge boost to the region, Deputy Joe Carey (FG) flagged. “This is excellent news for Clare and the mid-west and comes following a very testing period for the regional and national economy”.

Related News

dr daly park tulla 1
Tulla GAA lodge plans for astro-turf, all weather pitch & indoor hurling wall
shannon group clare crusaders little blue heroes 1-2
Clare Crusaders & Little Blue Heroes chosen as Shannon Airport Group's charity partners for 2025
jim enright 1-2
Scór long-service award for Cratloe's Jim Enright
st brendan's road lisdoonvarna 1
Corofin developers lodge plans for 60 houses in Lisdoonvarna

Advertisement

Latest News
shannon community network 1
Shannon Community Network aiming to become link between community & town's stakeholders
kilmaley v clooney quin 27-04-25 michael o'malley 1
Crusheen, Clonlara & Kilmaley occupy top spots in Clare Cup
carrigaholt roundabout kilkee plinth 1
'Money won't be an issue' - Keating confident of Strand Line improvements in Kilkee
tulla utd v bridge utd 26-04-25 simon kilker 1
Tulla inflict the Kilker blow on Bridge to seal historic Clare Cup final appearance
dr daly park tulla 1
Tulla GAA lodge plans for astro-turf, all weather pitch & indoor hurling wall
Premium
newmarket celtic v fair green celtic 25-04-25 dean hegarty tadhg noonan 2
Dean Hegarty delivers man of the match display to send Newmarket Celtic back into Clare Cup final
clare v limerick minor 25-04-25 evan crimmins 2
Clare minors lower Limerick to set up do or die tie with Waterford
ambulance 1
Clare 'always suffering on health front' - Cllrs seek Dáil committee to examine emergency response times
clare v waterford 19-05-24 ken ralph 2
'Clare were disrespected in commentary before start of championship' - Ralph
clare v tipperary 19-04-25 peter keane 2
'We're opening doors' - Keane praises Clare for kicking on but stresses goal chances must be taken

Subscribe for just €3 per month

If you’re here, you care about County Clare. So do we. Did you rely on us for Covid-19 updates, follow our election coverage, or visit The Clare Echo every week for breaking news and sport? The Clare Echo invests in local journalism and we want to safeguard its future in our county. By becoming a subscriber you are supporting what we do, will receive access to all our premium articles and a better experience, while helping us improve our offering to you. Subscribe to clareecho.ie and get the first six months for just €3 a month (less than 75c per week), and thereafter €8 per month. Cancel anytime, limited time offer. T&Cs Apply. www.clareecho.ie.

Subscribe for just €3 per month

If you’re here, you care about County Clare. So do we. Did you rely on us for Covid-19 updates, follow our election coverage, or visit The Clare Echo every week for breaking news and sport? The Clare Echo invests in local journalism and we want to safeguard its future in our county. By becoming a subscriber you are supporting what we do, will receive access to all our premium articles and a better experience, while helping us improve our offering to you. Subscribe to clareecho.ie and get the first six months for just €3 a month (less than 75c per week), and thereafter €8 per month. Cancel anytime, limited time offer. T&Cs Apply. www.clareecho.ie.

Advertisement