HP Selling Liffey Park Ink-Cartridge Facility in Ireland
The Irish Times reports that HP Inc. has put its 195-acre Liffey Park Technology Campus in County Kildare in Ireland up for sale. The asking price has not been disclosed, but property sources expect it to sell for more than €50 million.
HP has engaged real-estate agent CBRE to sell the campus, which is split into nine main buildings. Six of those buildings are dedicated to high-quality manufacturing, clean room, warehouse, and office use. The remaining buildings are used for ancillary and backup uses such as energy centers and canteens.
Back in February 2017, HP announced job cuts at the site, and said in a statement: “In line with our previously communicated strategy, HP’s global print business is working to drive continuous efficiencies and cost savings that enable investment in new market opportunities and growth initiatives, such as 3D printing. As a result, we have made the decision to close our global print business at the Leixlip site. It is likely that close to 500 HP employees will be impacted and leave the business over the next 12 months.”
HP set up a sales office in Ireland in 1976, and the Leixlip facility was established in 1995, producing ink-jet printer cartridges and working on R&D.
The overall facility has a floor area of about 1.46 million square feet, including 70 acres of undeveloped land.