IBM is expanding its manufacturing operations in Europe with the opening of a $250 million plant in Dublin, Ireland.
The new plant, which will create 700 jobs, will produce hard disk platters, and is intended to become an integral part of IBM's worldwide network of interconnected manufacturing and assembly facilities.
"This system of networked manufacturing offers extremely high productivity and cost advantages," said Dieter Muenk, general manager of storage manufacturing for IBM Europe.
IBM said worldwide demand for storage products was driven by the growth in information intensive applications, such as ebusiness and enterprise resource planning.
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