Kingspan fills gap with €25m insulation factory in Australia
The facility in Somerton, north Melbourne, will make insulation materials
The Irish building materials giant Kingspan has unveiled a new €25 million factory in Australia.
The facility, which will make insulation materials, is in Somerton, north Melbourne, where US care manufacturer Ford closed a plant last year.
The plant is set to supply a major portion of Kingspan’s Asian customers, with 20 per cent of its production scheduled for shipping through Asia-Pacific, a figure predicted to rise to 35 per cent by 2020.
Subscribe from just €1 for the first month!
With any subscription you will have access to
Unlimited multi-device access to our iPad, iPhone and Android Apps
Unlimited access to our eReader library
Exclusive daily insight and opinion seven days a week
Create alerts to never miss a subject that matters to you
Get access to exclusive offers for subscribers on gifts and experiences
Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine
Tom Maguire: Tax changes we make now could help business for years
The way we did business a few months ago may never return – so the opportunity is to make changes that will both aid recovery and set us up well for our new futures