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Nick Belton (second right), General Manager of Borg Warner, Tralee, with colleagues this morning being filmed by RTE at the Monavalley factory.
BORG WARNER has announced an €11.5m investment in its Tralee factory in Monavalley which is expected to lead to 50 new jobs.
This is further good news for Tralee, after HQ Tralee announced this morning that it is to support 50 more jobs in building nearby in the next phase of their plans (see story here).
The company which is a leading supplier of advanced hybrid and electric vehicle (EV) technologies, is further extending its production capabilities in Tralee with this major investment.
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At an event today with the Minister for Jobs, Enterprise and Innovation, Mary Mitchell O’Connor TD, the CEO of IDA Ireland, Martin Shanahan, Seán Kelly, MEP, and the Mayor of Tralee, Cllr Terry O’Brien, the company announced a €10 million investment in capital equipment and a €1.5 million investment in facility renovations to expand the plant’s engineering and testing capabilities, create new jobs and improve the facility’s environmental footprint.
With the support of the Department of Jobs, Enterprise and Innovation through IDA Ireland, up to 50 new jobs could be created.
Beginning in 2017, BorgWarner plans to add a flexible manufacturing line for the high-volume production of high-voltage positive temperature coefficient (PTC) cabin heaters in order to meet the growing demand for thermal management solutions that add to extended battery-powered driving range of hybrid and electric vehicles.
Welcoming the announcement, Mary Mitchell O’Connor said: “This is great news for Tralee. BorgWarner is a world-class company at the cutting edge of technologies for electric vehicles and this new investment represents key wins for the government’s job creation policies. Expanding the manufacturing sector generally is a key priority for us and these quality jobs and projects in high-potential business sectors are exactly the type we are vigorously pursuing.”
In addition to expanding manufacturing and test capabilities as well as the facility’s office and warehouse space, the investment will add highly sophisticated assembly and test equipment.
BorgWarner Inc. (NYSE: BWA) is a global product leader in clean and efficient technology solutions for combustion, hybrid and electric vehicles. With manufacturing and technical facilities in 62 locations in 17 countries, the company employs approximately 27,000 worldwide.
