The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing Manufacturing Of Machinery And Equipment Manufacture Of Machinery And Equipment N.E.C. 28.49 - Manufacture of other machine tools
100 jobs Number of planned job creations
Announcement Date
27 January 2017
Employment effect (start)
27 January 2017
Foreseen end date
30 June 2017
Description
Industrial diamond product manufacturer Element Six is creating 100 jobs in the Shannon area, Co Clare.
The jobs will be in supply chain, engineering and manufacturing roles.
The job expansion measure, which will take Element Six's employees to 550 in Ireland, is enabled by a €7 million investment.
In 2009, the company was on the brink of closure and had reduced its staff size to around 200.
Sources
27 January 2017: RTE
27 January 2017: Irish Examiner
27 January 2017: Silicon Republic.com
Citation
Eurofound (2017), Element Six, Business expansion in Ireland, factsheet number 90010, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/90010.
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