Lucent Technologies Expands Optical Manufacturing Capacity With $150 Million Investment in Plant in Ireland
DUBLIN, Ireland, Apr 12, 2000 (BUSINESS WIRE) --
New Provisioning Center Will Significantly Reduce Delivery Time to Customers in Europe and the Asia/Pacific Region
Lucent Technologies (NYSE: LU) today announced plans to invest approximately $150 million over the next three years to build a 200,000-square-foot extension to its Blanchardstown facility in Dublin, Ireland. The investment includes creating 500 new jobs over the same time period.
The facility, which will serve as an optical networking provisioning center for customers in Europe and the Asia/Pacific region, will reduce shipping time to these customers from several weeks to several days.
By this summer, the new facility will be equipped to produce approximately $250 million worth of optical networking systems for this calendar year. When completed in May 2001, it will be capable of producing more than $2 billion worth of equipment annually.
As part of the expansion, Lucent is launching a major recruiting drive to attract engineers, technicians, business and information technology professionals.
The project was announced this morning at Comms2000 - a communications trade show in Dublin - by the Prime Minster of Ireland, Bertie Ahern, and Ben Verwaayen, Vice Chairman, Lucent Technologies.
"The explosion of data, voice and video over the Internet is driving Internet service providers and telecommunications companies to seek out the best in optical networking technology," said Harry Bosco, group president of Lucent's Optical Networking Group. "In a marketplace driven by timing, this new facility will help us more quickly deliver Lucent's bandwidth-expanding technologies to our customers."
The Ireland facility - which currently manufactures products in Lucent's data networking portfolio - is an important component of Lucent's overall optical networking expansion. Lucent continues to increase the output of its Merrimack Valley operations located in Massachusetts - recently tripling that facility's capacity for manufacturing high-speed optical systems.
"The Blanchardstown facility will become the international center for the manufacturing and fulfillment of our optical networking technologies for all markets in Europe and Asia Pacific," said Mr. Eoin O'Driscoll, vice president, International Operations, Service Provider Networks, and Chairman of Lucent Technologies Ireland. "In introducing optical manufacturing to this country, Lucent is placing Ireland at the hub of a high-bandwidth, high-capacity technology. Today, optical technology enables carriers to zap information along a single wavelength of light at a speed of 10 gigabits per second - which is fast enough to send 130,000 simultaneous phone calls or a two million page document every second."
Lucent Technologies in Ireland
Lucent Technologies has more than 600 employees at sites located in and around Dublin. Currently at Blanchardstown Industrial Park, where Lucent will expand its optical networking operations, Lucent has a plant for its core and access network solutions and converged-network services platform. Recently, Lucent moved its Bell Labs GSM software development facility and its regional Shared Services Centre to Cherrywood Business Park, Dublin. Other sites include its customer support operations in central Dublin and a manufacturing site for its SYSTIMAX(R) Structured Connectivity Solutions (SCS) at Bray, Co Wicklow.
About Lucent Technologies
Lucent's Bell Labs has garnered more than 2,000 patents in optical technology alone. According to Dell'Oro Group, Lucent captured the largest market share - 34 percent (or approximately $1.3 billion) - of the $3.8 billion global DWDM equipment market in 1999. And with approximately 7,000 systems installed worldwide, Lucent is the global leader in deploying DWDM technology. For more information about Lucent's Optical Networking Group, please visit its Web site at lucent-optical.com.
Lucent Technologies, headquartered in Murray Hill, N.J., USA, designs and delivers the systems, software, silicon and services for next-generation communications networks for service providers and enterprises. Backed by the research and development of Bell Labs, Lucent focuses on high-growth areas such as optical and wireless networks; Internet infrastructure; communications software; communications semiconductors and optoelectronics; Web-based enterprise solutions that link private and public networks; and professional network design and consulting services. For more information on Lucent Technologies, visit its Web site at lucent.com.
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Copyright (C) 2000 Business Wire. All rights reserved.
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CONTACT: Lucent Technologies - U.S. Ray Zardetto, 908/559-6149 (office) 888/787-2093 (pager) rzardetto@lucent.com or Lucent Technologies - Europe Yvonne Diaz, 908/559-5545 (office) ydiaz@lucent.com or Ann Fox PR - Ireland Ann Fox, +353 1 2822632(office) +353 87 2423438 (mobile) annfoxpr@eircom.net |