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Material handling provider CombiLift will host a grand opening for its new 500,000-square-foot manufacturing facility this spring. The company said it has invested more than $55.4 million in the new factory in Ireland.

The opening of the new factory coincides with CombiLift’s 20th anniversary and the launch of a new product range. Founded in 1988 and based in Monaghan, Ireland, CombiLift sells its multidirectional forklifts and long-load material handling solutions worldwide to companies involved in woodworking and other manufacturing sectors.

Its North American subsidiary, CombiLift USA, is located in Greensboro, North Carolina.