Walter Huehn, Chief Executive Officer of Element Six Ltd., the world leader in synthetic diamond supermaterials and member of the De Beers Group of Companies, today announced a significant expansion of the Element Six Shannon site.
The investment, which will initially create 40 new jobs at the plant, is part of a wider program to enhance the Element Six production footprint globally to better serve customers and maintain Element Six’s market leadership position.
It will involve a €25m capital investment and a relocation of an additional €20m of assets over two years at the Shannon site.
Once completed in 2015 the upgraded facility will offer an enhanced production capability, supplying a wide range of advanced industrial synthetic diamond abrasive materials for customers across the globe.
Pic Sean Curtin Photo.