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3/12/14<br />
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. <br />
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. <br />
It will involve a €25m capital investment and a relocation of an additional €20m of assets over two years at the Shannon site. <br />
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. <br />
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Pic Sean Curtin Photo.