Two hundred jobs have been announced for Monaghan by heavy machinery manufacturer Combilift.

The Monaghan-based company said the posts will be across a range of areas over the next three years.

It said, in particular, it is looking for engineers and skilled technicians. Applications for some of the positions open later this morning.

Combilift, which manufactures construction machinery, including forklifts and straddle carriers, was founded 20 years ago and currently employs 550 people.

The company has said it has hired more 230 people in the past three years.

Combilift will also today open a new multi-million euro global headquarters and manufacturing facility in Annahagh.

The €50 million Research & Development and Testing Centre will be officially opened by Taoiseach Leo Varadkar and Minister for Business, Enterprise, and Innovation Heather Humphreys.

The company said the new factory would double its output over the next five years.

Managing Director Martin McVicar has said that the biggest challenge for the company is the uncertainty of Brexit.

About 10% of its workforce live in Northern Ireland and 98% of what Combilift produces is exported, with a quarter of its products going to the UK.

Mr McVicar said a lot of its raw material is sourced in the UK, including Northern Ireland, and a lot of jobs in Northern Ireland are dependent on Combilift.

He also said that Combilift sources components from the UK and sells into the UK market, which raises the issue of the imposition of VAT and tariffs following Brexit.