Monaghan homebuilder sets up plants in California
Irish homebuilder Entekra will create 500 jobs in the United States over two years after signing a deal to build one of the most advanced off-site construction facilities in the world.
Set up three years ago by Monaghan native Gerry McCaughey, Entekra created 100 jobs at its HQ in the county earlier this year. Located two miles from Monaghan town, the complex is just four miles from the Armagh border.
The US deal follows a $45m (£34m) investment from the Louisiana-Pacific Corporation. It has also secured a $4.75m (£3.6m) tax credit from the State of California to build a fully integrated offsite solutions (FIOSS) factory in Modesto, California. The fully automated, high speed facility will be operational by May 2019, employ 250 people and deliver 3,000 homes a year.
"We will also be opening a second factory in Southern California in 2020, which will employ a further 250 staff," said Entekra COO Bran Keogh.