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08/07/2014
Moy Park Announces Expansion
Enterprise, Trade and Investment Minister Arlene Foster has announced a £170m expansion by Moy Park that will provide 628 new jobs across three sites in Dungannon, Craigavon and Ballymena.
Arlene Foster said: "This investment, which will mean a £10.5million increase in wages and salaries annually for the local economy, is a huge boost of confidence in Northern Ireland as a European food production and manufacturing centre of excellence by a world leading company.
"The expansion will further enhance Moy Park's contribution to the local economy by enabling the business to achieve a substantial growth in sales, mostly to customers outside Northern Ireland, by 2018."
The investment by Moy Park, part of the Marfrig Group, will include additional processing lines and the establishment of an Innovation Centre, which will drive new product development, as well as Financial Services - a new role for the Craigavon site. The new jobs, 100 of which are already in place, include roles in management, supervisory, processing and financial shared services.
Invest Northern Ireland is providing financial assistance of £9.5m towards the expansion.
(CD/JP)
Arlene Foster said: "This investment, which will mean a £10.5million increase in wages and salaries annually for the local economy, is a huge boost of confidence in Northern Ireland as a European food production and manufacturing centre of excellence by a world leading company.
"The expansion will further enhance Moy Park's contribution to the local economy by enabling the business to achieve a substantial growth in sales, mostly to customers outside Northern Ireland, by 2018."
The investment by Moy Park, part of the Marfrig Group, will include additional processing lines and the establishment of an Innovation Centre, which will drive new product development, as well as Financial Services - a new role for the Craigavon site. The new jobs, 100 of which are already in place, include roles in management, supervisory, processing and financial shared services.
Invest Northern Ireland is providing financial assistance of £9.5m towards the expansion.
(CD/JP)
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