Glen Dimplex, a leading International manufacturer of electric heating solutions, headquartered in Ireland, has announced plans to invest €10 million and create 200 new jobs in Panevėžys, Lithuania, over the next two years. This expansion follows the company’s recent acquisition of Adax, a Norwegian electric heating appliances supplier with a long-standing presence in Panevėžys.
In June 2023, Glen Dimplex acquired Adax, a prominent supplier of electric heating appliances in the Nordics. The acquisition was part of Glen Dimplex’s broader strategy to lead in low-carbon heating solutions, helping its customers transition away from fossil fuels. Adax has been operating in Panevėžys for over two decades and currently employs more than 200 specialists.
Glen Dimplex plans to transform its newly acquired Adax site in Panevėžys into a centre of excellence for electric heating appliances. The investment will focus on acquiring new equipment, upgrading machinery, and improving the site, further solidifying Lithuania’s role as a strategic manufacturing hub for the company’s European operations.
The expansion will see Glen Dimplex hiring over 200 new employees in Panevėžys over the next 1-2 years. The company is looking to fill various R&D and operations roles, including introducing highly skilled manufacturing position in areas like tooling engineering and maintenance. Many of these roles will offer opportunities for international collaboration and professional development within the Glen Dimplex Group sites in Europe.
In addition to its manufacturing expansion, Glen Dimplex is committed to fostering local talent. The company plans to continue and expand Adax’s existing collaborations with local educational institutions, including apprenticeship programs, open days, and site visits for students in the local community.
According to Aušrinė Armonaitė, the Lithuanian Minister of the Economy and Innovation, Glen Dimplex’s expansion supports Lithuania’s drive to attract sustainable, high-value investments:
Established in 1973, Glen Dimplex is a privately-owned, Irish-headquartered manufacturing group. The company employs over 8,000 people globally and operates across 20 countries in four key sectors: Heating and Ventilation, Precision Cooling, Flame, and Consumer Appliances.
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