Due to rising operating costs Element Six transfers investment from Ireland

According to the Irish Independent reported on August 7, due to the relatively high price and labor costs in Ireland, some foreign companies began to transfer investment from Ireland to low-cost countries. For example, Ireland's largest exporter, DELL, moved its production facility in Ireland to Poland earlier this year and took 1900 jobs; Element Six, the world's leading supplier of premium superabrasives and advanced engineering materials, will be 300 in early August. Jobs were transferred from Ireland to South Africa; Intel also cut 370 jobs in Ireland in early August.

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