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Tag Archives: ppg

‘Leap of faith’ on new Shannon venture is hailed

CLARE had some positive economic news lately, when OLED Material Manufacturing Limited and PPG combined to create 100 jobs in Shannon, taking the former Avara site in Shannon. Formerly of Roche in Clarecastle, Gerry Cahill is now the PPG Plant Manager for Shannon, as preparations begin for manufacturing. While there is a long and very successful history of US companies coming to Ireland, he says it was very complex during a pandemic, with the whole thing having to be arranged virtually. “One of the biggest challenges was the purchase of the site without ever physically being on the site. These guys have made quite a leap of faith. They’re currently leasing the site and early next year they’ll buy it. “Until last week, no one from either PPG or UDC had been on the site, it was all done virtually. The second biggest challenge is that the site had been closed down for a year. We’re starting to reactive systems, …

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Multi-million euro investment will see up to 100 new jobs created in Shannon

UNIVERSAL Display Corporation and PPG have today announced that OLED Material Manufacturing Ltd and PPG are embarking on a multi-million-euro capital investment that is expected to create up to 100 high-tech jobs at a new Shannon manufacturing site. The facility, which was announced in February 2021, will 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. The announcement was welcomed by Tánaiste and Minister for Enterprise, Trade and Employment, Leo Varadkar TD, who said, “This major announcement by OLED Material Manufacturing and PPG is a welcome boost to the Mid-West region. It will make a significant contribution to Shannon and the Irish economy in terms of job creation, investment and innovation. Technology is one of the fastest-growing sectors here in Ireland and globally, and I wish the team continued success.” Austin McCabe, Director, OLED Material Manufacturing Limited, said, …

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