WANKELL engine is the name of a company that makes painting tools for engines, and it has a long history in Ireland.
But, this week, the company announced that it was suspending its work in Ireland, citing the Brexit vote.
The company’s CEO, Patrick Glynn, told the Irish Times that he would no longer work in the country, after the Brexit referendum result, because the country “hasn’t been welcoming of our business”.
Glynn said the company would be moving its manufacturing operation to another country if the UK votes to leave the EU.
The decision to pull out of Ireland comes after a number of engine manufacturers decided to leave Ireland, including Ford, BMW, Volkswagen and Daimler.
Ford said it would cease manufacturing in Ireland in 2020, after years of declining sales.
The European Commission has been pressing carmakers to change their approach to manufacturing in the EU, particularly after the Volkswagen scandal.