Hiab to invest €50m to develop factory of the future in Dundalk

Load handling equipment provider Hiab have announced their intention to invest over €50 million to develop a new Factory of the Future in Dundalk for its MOFFETT truck mounted forklift manufacturing operations.

The new factory will be operational by 2023 and in more good news the company have announced that they intend to hire an additional 100 staff for their Dundalk facility which already employs around 300 people.
When operational in 2023, the new facility will replace Hiab’s existing Dundalk facility. The new factory will include the company’s manufacturing operations and a global hub for innovation and R&D both catering for the rapidly growing global truck mounted forklift sector. As well as creating 100 new jobs in the company there will also be 100 new jobs created during the construction phase where the latest environmental and engineering design solutions will be used to create a modern plant that minimises its carbon footprint.
According to Rogier van der Linde, Senior Vice President for Truck Mounted Forklifts at Hiab the company are currently at an advanced stage of identifying a suitable site in the greater Dundalk area and expects this to be operational in 2023. He also described Dundalk as a key part of Hiab’s global success story.

“Hiab’s operation in Dundalk is a key part of the company’s global success story. It has been home to innovation and production of truck mounted forklifts since 1986. It will continue to lead the world in new product development and solutions that ultimately help other business sectors be more effective and efficient in their transportation operations. When completed, our new facility will have world-class manufacturing capacity to service all markets globally. Importantly the new facility will include Cargotec’s global centre for innovation and R&D in the truck mounted forklift segment, continuing a long and successful tradition of innovation in Dundalk. This will enable our world-class R&D team here to meet the challenges and opportunities of tomorrow, providing intelligent services and smart solutions for enhancing electrification, connectivity, as well as identifying new innovations to meet our customers’ changing needs,” explained Rogier.

Hiab is the world’s leading provider of on-road load handling equipment, intelligent services, smart and connected solutions. Amazingly, Seven out of 10 truck mounted forklifts in the world come from Hiab’s Dundalk plant. It has a global market leading position in the truck mounted forklift sector which revolutionised the transportation industry in the 1980s with the design of the MOFFETT truck mounted forklift. Customers range from single truck owner-operators and small fleet owners to international fleet and rental companies, across private and public sectors.

MOFFETT was founded by Cecil Moffett in 1945 in Clontibret, Ireland, as a small engineering workshop producing agricultural machinery for the family farm and other local businesses. In 1996, production of the truck mounted forklifts moved to Dundalk and in 2000, Moffett Engineering Limited became part of Hiab and Cargotec Corporation, rapidly expanding the global sales and distribution network.

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