# Hiab to invest €50 million in new Dundalk factory of the future

Hiab announced an investment of over €50 million to develop a 'factory of the future' in Dundalk, Ireland, for its MOFFETT truck mounted forklift manufacturing operations. The new facility, expected to be operational in 2023, will replace the existing Dundalk facility and create over 100 construction jobs. Additionally, 100 new roles are being recruited immediately.

- Type: Investment
- Announced: 2021-09-03
- Where: Dundalk, Co Louth, Ireland
- Value: $59.0M (50.0M EUR)
- Jobs: 100
- Starts operating: 2023
- Status: announced
- Products: truck mounted forklifts
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Hiab](https://endata.com/companies/17730.md)

## Sources

- [engineersireland.ie](https://www.engineersireland.ie/Engineers-Journal/hiab-to-invest-50m-to-develop-factory-of-the-future-in-dundalk), 2021-09-03: "Load handling equipment provider Hiab has announced it is investing more than €50 million to develop a 'factory of the future' in Dundalk, Co Louth, for its MOFFETT truck mounted forklift manufacturing operations."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.