Universal Display Corporation and PPG open state-of-the-art OLED site in Shannon
Universal Display Corporation (UDC) and PPG have officially opened a new state-of-the-art organic light-emitting diode (OLED) manufacturing facility in Shannon, Ireland. UDC’s initial investment of €10 million, and subsequent multimillion-euro expenditures and multiyear, multiphase expansions of the site are expected to have a significant positive economic impact on the region.
PPG produces UDC’s UniversalPHOLED materials. There are currently 50 people working at the new production site, and the headcount is expected to increase up to 100 as further investments roll out. The high-tech roles at the Shannon facility include engineering and operational disciplines, supply chain roles, synthetic chemists, and analytical technicians.
UDC’s phosphorescent OLED emitters are used in virtually every OLED display in the world such as consumer electronic products ranging from smartwatches and smartphones to laptops, tablets, automotive and TVs, including foldable and rollable consumer electronic products.
PPG has been UDC’s exclusive manufacturer of phosphorescent OLED emitter materials since 2000. Broadening global manufacturing operations in Ireland builds on that long standing partnership. The new facility in Shannon expands upon PPG’s established OLED production facilities located in Monroeville, Pa., and Barberton, Ohio.
“We are delighted to celebrate the opening of our new OLED manufacturing site with PPG, our long-term partner of more than two decades, as well as esteemed Ireland elected officials, key associations and colleagues,” said Steven V. Abramson, president and CEO of Universal Display Corporation. “This new site represents a major infrastructure investment for the future of the OLED industry. The region’s great workforce talent, driven by strong education systems here in Ireland, and its commitment to innovation helped our decision process in selecting Shannon as the facility’s location. We look forward to continuing to work with our partner PPG, as well as the Irish Government through IDA Ireland, as we continue to invent, develop and deliver state-of-the-art phosphorescent OLED materials.”
“PPG is proud to be a strategic partner of UDC. Our work together in the production of OLED materials and technologies is driving sustainable innovation in the consumer electronics industry,” said Tim Knavish, PPG president and chief executive officer. “The opening of this new facility in Shannon reflects the availability of skilled talent in Ireland’s Mid-West region and our commitment to supporting the growth of the local economy. We are grateful for the support of the Irish Government through IDA Ireland.”
“IDA Ireland is committed to winning jobs and investment for all regions. It’s great to see the opening of this facility following on from the announcement in 2021 by UDC and PPG to locate in Shannon and create 100 jobs,” said Mary Buckley, Executive Director, IDA Ireland. “We are delighted to work with these companies who are at the cutting edge of their industry. I would like to wish them every success in Shannon.”
TechCentral Reporters
Subscribers 0
Fans 0
Followers 0
Followers