May 13

Two firms to create 170 new jobs in Dublin and Meath

More than 170 new jobs are to be created by two companies in Dublin and Meath.

Textile manufacturing firm Mafic is to build a new basalt smelting plant in Kells, Co Meath which will create 70 jobs over the next three years.

The investment is the first significant jobs boost secured under the Government’s “Succeed in Ireland” initiative.

The scheme, announced last year as part of the Government’s action plan for jobs, offers financial incentives to any person who successfully introduces a company to Ireland that creates jobs.

The initiative, operated by ConnectIreland.com, targets international companies and business people who would otherwise not have been reached by State agencies.

Luxembourg-based Mafic has the exclusive technology rights for the production of basalt fibre, which is used as a fireproof textile in the car and aerospace industries.

Mafic will make basalt fibre from crushed basalt rock, which is being sourced from the Ukraine and melted in specially commissioned furnaces.

Its plant, which will be based in the Kells Business Park, will create employment opportunities for 70 people in the areas of general management, shop floor managers, general operatives and administrative staff.

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