30/04/2013

Dairy Ingredients Firm To Create New Posts

Taoiseach Enda Kenny today unveiled details of Government support for Glanbia Ingredients Ireland Limited (GIIL) which the company announced will create over 1600 direct and indirect jobs and contribute an estimated €400 million pa to the economy.

Through Enterprise Ireland, the Department of Jobs, Enterprise and Innovation will part fund the development of a world class dairy facility in Belview, on the Kilkenny/Waterford border.

GIIL is Ireland's leading dairy ingredients company processing 1.6 billion litres of milk or 30% of Ireland's milk pool into a range of dairy ingredients for export to more than 50 countries. All produce from the new facility will be destined for export markets.

Construction is set to commence on 17 May and the new facility is expected to begin production in Spring 2015.

The scale and scope of Belview is extremely ambitious. As the dairy industry purchases 90% of its inputs from the domestic economy, there will be a maximum impact on the income of farm families boosting the rural economy and the local industries that will service on farm expansion.

Taoiseach Enda Kenny said: "The Government is delighted to support GIIL's significant investment in the Irish dairy industry as it represents a massive vote of confidence in Ireland and our agri-food sector. Glanbia is one of Ireland's great home grown success stories and their investment in the South East region will be welcomed by rural communities and farmers. Creating new jobs remains the top priority for Government and today GIIL is announcing that it will generate over 1,600 direct and indirect jobs by 2018 and an additional 450 during the construction phase. It is the largest single dairy investment in the history of the State and will contribute greatly to Ireland's export-led recovery."

(CD)

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