STOCK TITAN

Anord Mardix Opens Second Facility in Ireland to Meet Growing Demand for Critical Power Solutions

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags

Anord Mardix, a Flex (NASDAQ: FLEX) company, has opened a second facility in Dundalk, Ireland, to meet the growing demand for critical power solutions in data centers. The new 120,000 sq ft facility, named D2, will serve as an assembly hub for switchgear products and modular power systems, doubling the company's footprint in Ireland. This expansion aims to address the increasing global demand for safe, reliable, and uninterrupted data center power, particularly driven by the rapid growth of AI.

The Dundalk D2 facility represents a significant milestone in Flex's commitment to delivering cutting-edge power and vertically integrated solutions for the global data center market. It will enhance Anord Mardix's capabilities in providing innovative solutions for AI data centers while also creating new career opportunities in the local community.

Anord Mardix, un'azienda di Flex (NASDAQ: FLEX), ha aperto una seconda struttura a Dundalk, in Irlanda, per soddisfare la crescente domanda di soluzioni energetiche critiche nei data center. La nuova struttura di 120.000 piedi quadrati, denominata D2, fungerà da hub di assemblaggio per prodotti di quadristica e sistemi di energia modulari, raddoppiando la presenza dell'azienda in Irlanda. Questa espansione mira a rispondere all'aumento della domanda globale di energia per data center, sicura, affidabile e ininterrotta, particolarmente alimentata dalla rapida crescita dell'IA.

La struttura D2 di Dundalk rappresenta un traguardo significativo nell'impegno di Flex a fornire soluzioni energetiche all'avanguardia e integrate verticalmente per il mercato globale dei data center. Essa rafforzerà le capacità di Anord Mardix nel fornire soluzioni innovative per i data center dedicati all'IA, creando al contempo nuove opportunità di lavoro nella comunità locale.

Anord Mardix, una empresa de Flex (NASDAQ: FLEX), ha abierto una segunda instalación en Dundalk, Irlanda, para satisfacer la creciente demanda de soluciones de energía crítica en los centros de datos. La nueva instalación de 120,000 pies cuadrados, llamada D2, servirá como un centro de ensamblaje para productos de distribución eléctrica y sistemas de energía modular, duplicando la huella de la empresa en Irlanda. Esta expansión tiene como objetivo abordar la creciente demanda global de energía segura, confiable e ininterrumpida para los centros de datos, impulsada particularmente por el rápido crecimiento de la IA.

La instalación D2 de Dundalk representa un hito importante en el compromiso de Flex por ofrecer soluciones energéticas avanzadas e integradas verticalmente para el mercado global de centros de datos. Mejorará las capacidades de Anord Mardix para proporcionar soluciones innovadoras para centros de datos de IA, al mismo tiempo que creará nuevas oportunidades laborales en la comunidad local.

Anord Mardix는 Flex(NASDAQ: FLEX)의 자회사로, 데이터 센터에서의 중요한 전력 솔루션에 대한 증가하는 수요를 충족하기 위해 아일랜드 던독에 두 번째 시설을 열었습니다. 새로운 120,000 평방피트 규모의 D2 시설은 스위치기어 제품모듈식 전력 시스템의 조립 허브로 기능하여 아일랜드 내 회사의 입지를 두 배로 증가시킬 것입니다. 이 확장은 특히 AI의 급속한 성장에 의해 주도되는 안전하고 신뢰할 수 있으며 중단 없는 데이터 센터 전력에 대한 증가하는 글로벌 수요를 해결하는 것을 목표로 하고 있습니다.

던독 D2 시설은 데이터 센터 시장을 위한 첨단 전력 솔루션 및 수직 통합 솔루션을 제공하려는 Flex의 약속에 있어 중요한 이정표가 됩니다. 이는 AI 데이터 센터를 위한 혁신적인 솔루션을 제공할 수 있는 Anord Mardix의 능력을 강화하며, 지역 사회에 새로운 경력 기회를 창출할 것입니다.

Anord Mardix, une entreprise de Flex (NASDAQ: FLEX), a ouvert une deuxième installation à Dundalk, en Irlande, pour répondre à la demande croissante de solutions électriques critiques dans les centres de données. La nouvelle installation de 120 000 pieds carrés, nommée D2, servira de centre d'assemblage pour les produits d'appareillage électrique et les systèmes d'alimentation modulaires, doublant ainsi la présence de l'entreprise en Irlande. Cette expansion vise à répondre à la demande mondiale croissante d'une alimentation sûre, fiable et ininterrompue pour les centres de données, particulièrement stimulée par la croissance rapide de l'IA.

La structure D2 de Dundalk représente une étape significative dans l'engagement de Flex à fournir des solutions d'alimentation à la pointe de la technologie et des solutions intégrées verticalement pour le marché mondial des centres de données. Elle renforcera les capacités d'Anord Mardix à fournir des solutions innovantes pour les centres de données dédiés à l'IA, tout en créant de nouvelles opportunités de carrière dans la communauté locale.

Anord Mardix, ein Unternehmen von Flex (NASDAQ: FLEX), hat eine zweite Einrichtung in Dundalk, Irland eröffnet, um der wachsenden Nachfrage nach kritischen Stromlösungen in Rechenzentren gerecht zu werden. Die neue 120.000 Quadratfuß große Einrichtung, genannt D2, wird als Montagezentrum für Schaltanlagenprodukte und modulare Energiesysteme dienen und verdoppelt damit die Präsenz des Unternehmens in Irland. Diese Erweiterung zielt darauf ab, der zunehmenden globalen Nachfrage nach sicheren, zuverlässigen und unterbrechungsfreien Rechenzentrumsstromlösungen gerecht zu werden, die insbesondere durch das schnelle Wachstum der KI vorangetrieben wird.

Die Einrichtung D2 in Dundalk stellt einen bedeutenden Meilenstein im Engagement von Flex dar, fortschrittliche und vertikal integrierte Lösungen für den globalen Markt der Rechenzentren bereitzustellen. Sie wird die Fähigkeiten von Anord Mardix stärken, innovative Lösungen für KI-Rechenzentren bereitzustellen und gleichzeitig neue Karrieremöglichkeiten in der lokalen Gemeinschaft schaffen.

Positive
  • Expansion of manufacturing capacity with a new 120,000 sq ft facility
  • Doubling of footprint in Ireland to meet growing global demand
  • Enhanced capability to serve AI data center power needs
  • Potential for increased market share in critical power solutions
Negative
  • None.

Insights

The opening of Anord Mardix's second facility in Ireland signifies a strategic expansion to meet the surging demand for critical power solutions in the data center industry. This move is particularly noteworthy given the rapid growth of AI, which is driving unprecedented power requirements.

The doubling of manufacturing space in Ireland positions Anord Mardix to capitalize on the booming data center market, especially in Europe. This expansion could potentially lead to increased market share and revenue growth for Flex, Anord Mardix's parent company. However, investors should monitor how effectively this capacity increase translates into tangible financial results in the coming quarters.

The focus on AI data centers in this expansion is crucial. As AI workloads become more prevalent, they're demanding unprecedented levels of power and efficiency. Anord Mardix's emphasis on innovative solutions for global power challenges facing AI data centers could give them a competitive edge in this rapidly evolving sector.

Their approach of providing end-to-end power solutions from the grid to the chip is particularly relevant as data centers seek to optimize every aspect of their power infrastructure. This holistic strategy could resonate well with data center operators looking for comprehensive, integrated solutions to manage their increasing power demands efficiently.

While the news is positive for Flex's growth strategy, it's important to note that no specific financial figures or investment amounts were disclosed. The impact on Flex's bottom line remains to be seen. Investors should look for future earnings reports to gauge the return on investment from this expansion.

The doubling of manufacturing space suggests a significant capital expenditure, which could impact short-term profitability. However, if Anord Mardix can successfully capture a larger share of the growing data center power solutions market, it could drive long-term revenue growth for Flex. The key will be monitoring capacity utilization and order book growth in upcoming quarters to assess the success of this expansion.

Fully-operational facility in Dundalk to serve as an assembly hub for switchgears and modular power systems, ensuring seamless and efficient production process for data center customers

AUSTIN, Texas and DUNDALK, Ireland, Aug. 22, 2024 /PRNewswire/ -- Anord Mardix, a Flex (NASDAQ: FLEX) company specializing in the design and manufacturing of critical power distribution and end-to-end power solutions, opened a second facility in Dundalk, Ireland. This new Dundalk facility, named D2, will serve as an assembly hub for switchgear products, ensuring a seamless and efficient production process – to meet the growing global demand for safe, reliable and uninterrupted data center power from the grid to the chip driven by the rapid growth of AI. The state-of-the-art facility adds 120,000 sq ft to Anord Mardix's manufacturing space, doubling the team's footprint in Ireland.

"The expansion of capabilities in Dundalk will help us meet demand for innovative solutions to the global power challenges facing AI data centers while also providing career opportunities to the local community," said Graeme Smith, General Manager of Anord Mardix Ireland. "Our team in Dundalk is dedicated to delivering high-quality critical power products and solutions, and I am incredibly proud of their hard work and commitment. The new facility allows our driven teams to further support our customers and meet the growing demands of the industry."

"Flex's integrated data center power solutions are differentiators in the market," said Chris Butler, President of Embedded and Critical Power at Flex. "Anord Mardix, a Flex company, delivers products and services that improve power distribution, efficiency, and performance while accelerating time-to-market for AI data centers."

The opening of the Dundalk D2 facility marks a significant milestone for Anord Mardix and Flex's commitment to lead the way in delivering cutting-edge power and vertically integrated solutions to meet the growing needs of the global data center market.

About Flex
Flex (Reg. No. 199002645H) is the manufacturing partner of choice that helps a diverse customer base design and build products that improve the world. Through the collective strength of a global workforce across 30 countries and responsible, sustainable operations, Flex delivers technology innovation, supply chain, and manufacturing solutions to diverse industries and end markets.

About Anord Mardix
Anord Mardix, a Flex company, is a global leader in critical power distribution and protection with operations in North America, EMEA and Asia Pacific. It produces an end-to-end product range including switchgear, modular power pod solutions, and flexible busway distribution solutions, serving the global data center and cloud computing industries—from independent providers to hyper-scale leaders. (www.anordmardix.com)

Contacts

Investors & Analysts 
David A. Rubin
Vice President, Investor Relations
(408) 577-4632
David.Rubin@flex.com

Media & Press
Mollie Haynes
Marketing Executive, Anord Mardix
+44 7561854232
Mollie.Haynes@anordmardix.com

Conor Phillips
EMEA Director of Communications, Flex
+353 18114560
Conor.Phillips@flex.com

Exterior: Anord Mardix, a Flex company, advanced manufacturing facility in Dundalk, Ireland

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/anord-mardix-opens-second-facility-in-ireland-to-meet-growing-demand-for-critical-power-solutions-302228748.html

SOURCE Flex

FAQ

What is the purpose of Anord Mardix's new facility in Dundalk, Ireland?

The new Dundalk facility, named D2, will serve as an assembly hub for switchgear products and modular power systems, meeting the growing global demand for safe, reliable, and uninterrupted data center power, especially for AI applications.

How much additional manufacturing space does the new Dundalk facility add for Anord Mardix?

The new state-of-the-art facility adds 120,000 sq ft to Anord Mardix's manufacturing space, effectively doubling the company's footprint in Ireland.

How does the new Dundalk facility benefit Flex (NASDAQ: FLEX) and its customers?

The facility enhances Flex's ability to deliver integrated data center power solutions, improving power distribution, efficiency, and performance while accelerating time-to-market for AI data centers.

What impact will the new Anord Mardix facility have on the local community in Dundalk?

The expansion is expected to provide new career opportunities to the local community in Dundalk, Ireland, as stated by Graeme Smith, General Manager of Anord Mardix Ireland.

Flex Ltd. Ordinary Shares

NASDAQ:FLEX

FLEX Rankings

FLEX Latest News

FLEX Stock Data

14.50B
384.97M
0.68%
103.25%
2.54%
Electronic Components
Printed Circuit Boards
Link
United States of America
SINGAPORE