Kingspan says Trump tax plans mean bigger returns as it plans $250m US 'megasite'

Irish insulation and building firm says Trump's planned tax reforms 

Kingspan CEO Gene Murtagh. Kingspan said on Thursday it plans to invest $250m in a roofing production 'megasite' in the US. 

Irish insulation and building group Kingspan said US president Donald Trump's planned tax reforms will mean even greater returns for the company as it plans to invest $250m (€218m) in a roofing production 'megasite' in the country. 

Kingspan plans to ramp up its US capital investment by from €750m to €1bn (€870m) - adding €218m to its Stateside commitment with a 100-acre roofing campus in Oklahoma, which will be the largest in the US.