Menu
26/01/2015
Kestrel Foods Announces £750,000 Investment
Kestrel Foods, the UK dried fruit and nut business, is investing over £750,000 in new processing and packaging technology to drive export sales, supported by Invest Northern Ireland.
The Portadown-based company, which owns the Forest Feast and Acti-Snack brands, is receiving assistance of £60,000 from Invest NI towards supporting its export growth strategy, which includes the introduction of the new production and packaging machinery and the creation of 11 additional jobs.
Brian Dolaghan, Invest NI's Director of Business and Sector Development, announced support for the expansion during a visit to the company.
Mr Dolaghan said: "This is a very important strategic expansion by a company which has invested steadily in its products and sales outside Northern Ireland.
"Kestrel Foods' expansion includes the introduction of new technology and staff to enable it to achieve a significant uplift in sales outside Northern Ireland, particularly in emerging markets it has pinpointed such as Brazil, Uruguay, Spain, Italy and Asia Pacific.
"Kestrel is an impressive export-led company, a tremendous role model of what a smaller business can achieve from ongoing investment in innovative products and processes focused on sales abroad.
"As a result, the business now has very solid platforms in Europe and Hong Kong on which to build further international sales. The new machinery and resulting additional products will enable Kestrel to go further, faster, in global markets."
(CD/JP)
The Portadown-based company, which owns the Forest Feast and Acti-Snack brands, is receiving assistance of £60,000 from Invest NI towards supporting its export growth strategy, which includes the introduction of the new production and packaging machinery and the creation of 11 additional jobs.
Brian Dolaghan, Invest NI's Director of Business and Sector Development, announced support for the expansion during a visit to the company.
Mr Dolaghan said: "This is a very important strategic expansion by a company which has invested steadily in its products and sales outside Northern Ireland.
"Kestrel Foods' expansion includes the introduction of new technology and staff to enable it to achieve a significant uplift in sales outside Northern Ireland, particularly in emerging markets it has pinpointed such as Brazil, Uruguay, Spain, Italy and Asia Pacific.
"Kestrel is an impressive export-led company, a tremendous role model of what a smaller business can achieve from ongoing investment in innovative products and processes focused on sales abroad.
"As a result, the business now has very solid platforms in Europe and Hong Kong on which to build further international sales. The new machinery and resulting additional products will enable Kestrel to go further, faster, in global markets."
(CD/JP)
Related Northern Ireland Business News Stories
Click here for the latest headlines.
22 March 2024
11 Administrative Challenges Facing Small Businesses
In today's rapidly evolving business landscape, small businesses are facing an unprecedented array of challenges. From navigating the complexities of technology and compliance to fostering meaningful customer relationships and managing a dispersed workforce, the hurdles can seem insurmountable.
11 Administrative Challenges Facing Small Businesses
In today's rapidly evolving business landscape, small businesses are facing an unprecedented array of challenges. From navigating the complexities of technology and compliance to fostering meaningful customer relationships and managing a dispersed workforce, the hurdles can seem insurmountable.
26 November 2001
Minister consults on open-ended investment companies
The Minister for Enterprise, Trade and Investment has pledged a commitment from his department to providing a modern financial services regulatory framework in Northern Ireland relevant to the needs of local investment firms and investors.
Minister consults on open-ended investment companies
The Minister for Enterprise, Trade and Investment has pledged a commitment from his department to providing a modern financial services regulatory framework in Northern Ireland relevant to the needs of local investment firms and investors.
15 March 2024
Mums At Work: Entrepreneurs To Share Journey & Expertise
A whole host of local entrepreneurs are set to take to the stage at the Mums At Work Elevate Your Business event later this month.
Mums At Work: Entrepreneurs To Share Journey & Expertise
A whole host of local entrepreneurs are set to take to the stage at the Mums At Work Elevate Your Business event later this month.
21 May 2013
Call For Effort To Promote Investment Opportunities In West Belfast
SDLP Councillor Tim Attwood has said there must be a concerted effort to promote investment opportunities in West Belfast. Figures revealed in an Assembly Question asked by SDLP MLA Conall McDevitt demonstrate that West Belfast was given £4.
Call For Effort To Promote Investment Opportunities In West Belfast
SDLP Councillor Tim Attwood has said there must be a concerted effort to promote investment opportunities in West Belfast. Figures revealed in an Assembly Question asked by SDLP MLA Conall McDevitt demonstrate that West Belfast was given £4.
03 October 2018
Aspiring Entrepreneurs Invited To Pitch To Business 'Dragons'
Lisburn & Castlereagh City Council (LCCC) is inviting aspiring entrepreneurs in the area to pitch their business ideas to a panel of "dragons".
Aspiring Entrepreneurs Invited To Pitch To Business 'Dragons'
Lisburn & Castlereagh City Council (LCCC) is inviting aspiring entrepreneurs in the area to pitch their business ideas to a panel of "dragons".
-
Northern Ireland WeatherToday:A few fog patches at first, soon clearing to leave a dry day with some patchy cloud and good sunny spells. Light and variable winds. Feeling mild in sunny spells. Maximum temperature 14 °C.Tonight:Dry and quite chilly overnight under prolonged clear spells and light winds. This will allow a few fog patches to develop in places. Minimum temperature 2 °C.
