Nualight set to create 60 jobs

CORK manufacturer Nualight is to create 60 jobs having secured €5 million funding from the ESB for expansion plans.

Nualight will expand in the US and Europe using the investment secured as part of the ESB investment fund Novus Modus, which was announced as part of the company’s green investment strategy. The ESB will take a minority stake in Nualight as a result.

ESB has so far invested €2.5m in Nualight with the second to follow in 18 months.