Shannon diamonds growth signals wider global upturn

Element Six, a unit of the De Beers Group of diamond companies, said it will add a further 100 jobs at its Shannon factory as part of a €7m investment this year as it eyes a wider recovery in the oil and gas industries.

The company said the environment for high-end jobs in Shannon has greatly improved in recent years.

It will bring its workforce at the airport’s industrial free zone to 550 through a €40m investment over the past four years.