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The U.K.’s biggest appliance maker, O2, is preparing to open a new manufacturing facility in Ireland to make more than 40,000 home appliances a year.The company will build its first factory in Co. Wicklow, in southern Ireland, to produce its range of products including washing machines, dishwashers, air conditioners and refrigerators.The U.Kingston-based company, which has…

Published by admin inSeptember 23, 2021
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The U.K.’s biggest appliance maker, O2, is preparing to open a new manufacturing facility in Ireland to make more than 40,000 home appliances a year.

The company will build its first factory in Co. Wicklow, in southern Ireland, to produce its range of products including washing machines, dishwashers, air conditioners and refrigerators.

The U.

Kingston-based company, which has factories in the United Kingdom, France, Germany and China, plans to build a new facility to make products for the Irish market in 2018.

O2 has been a big buyer of Ireland in recent years, thanks to the country’s low corporate tax rate and strong economic growth.

It bought the appliance maker HVAC company, Ovid, in 2017 for €2.6 billion ($2.8 billion), and has invested in an extensive plant in Wicklow.

Ovid said it plans to hire 2,000 people in the Irish plant.

Olivetti is also looking to build more of its own manufacturing plants in Ireland, and the company said it is planning to hire 1,000 workers there next year.

Olivier Goutte, a spokesman for Olivetti, said the company is committed to working with Irish companies to create jobs in Ireland.

He said the U,K.-based company has not taken a position on Ireland’s proposed tax deal with the U in the Brexit negotiations.