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by mytailorisrich 2427 days ago
Yes, but equally it means that imports are more expensive. We can interpret the statement as implying that the company imports a lot of parts, etc. Let's remember that Ireland uses the Euro so they just need to import from across the border to feel the pinch.
2 comments

If their finished product costs less than its constituent parts, they're kind of doing manufacturing wrong.
This manufacturer is in Northern Ireland, so they can use Euros if they want anyway. And current plans are for a frictionless border. The argument as Brexit causing it to close is silly, its grossly mismanaged.