Sumary of Up to 100 new jobs to be created in Shannon with new manufacturing facility:
- The two companies are jointly establishing a new manufacturing site in Shannon for the production of materials used in solid-state lighting applications.
- Operations are expected to commence in 2022. OLED Material Manufacturing is owned by Universal Display Corporation (UDC), a Nasdaq-listed company focused on organic light emitting diode technologies and materials.
- “Our manufacturing expansion in Ireland allows UDC to strengthen its mission, which centres on enabling our customers and fostering the proliferation of energy-efficient OLED display and lighting applications in the consumer landscape,” said Austin McCabe, director of Oled Material Manufacturing.