Element Six announces 100 job expansion as part of €7million investment

January 31st, 2017 - Pat Breen

Investment will see employment levels more than double to 550 since 2009 restructuring plan implemented
Investment welcomed by Minister Pat Breen

Element Six, a world leader in synthetic diamond super-materials and member of The De Beers Group of Companies, has today announced the creation of a further 100 jobs at its Shannon facility as part of a €7million investment at the plant this year.

The investment – officially announced today at a briefing at the plant hosted by Element Six Executive Director of Operations – Ken Sullivan and attended by Minister of State at the Department of Jobs, Enterprise and Innovation Pat Breen and the company’s global CEO Mr. Walter Hühn – will bring to €40million the overall spend by Element Six at Shannon over a four year period.

The positions are in the areas of supply chain, engineering and manufacturing, with recruitment already underway and all posts set to be filled in the first half of this year. It is the latest round of recruitment at the company and will bring overall employment at Element Six in Shannon to 550.

The company has invested heavily in infrastructural projects at the plant over the past three years, including the installation of large-scale diamond synthesis presses to produce diamond materials for industrial use. In addition, high end CNC machines have been designed and installed to process these materials. Today’s announcement signals another round of investment that will enable the synthesis and processing of diamond materials at the Shannon plant for use principally in the Oil and Gas industry.
Speaking at today’s event, Minister for Employment and Small Business Pat Breen stated: “This is a very important day for Element Six, for Shannon and, indeed, the wider Clare and Mid-West area. This announcement is a very strong endorsement of the Shannon Free Zone as a leading destination for innovation and job creation.

“With an international airport on its doorstep, a highly competitive operating environment, available talent and excellent and ever improving infrastructure, we believe the future is very bright for Shannon as an inward investment location. Element Six’s commitment, not least through its very significant investment in high-end, innovative processes at the plant is very welcome and I wish the team the very best for the future.

“It also highlights the commitment of staff and management here over the years. In 2009 we all feared that this very significant employer would be lost to Clare but thanks to the collective determination, from the management and staff and agencies like the IDA, Element Six’s operations here are entirely reenergised and it is today one of the county’s largest employers with 550 high-value jobs set to be in place by the second half of the year.” img_1470