Co Tyrone pastry firm creates 43 new jobs as it unveils £7.3m investment
A family-run pastry business in Co Tyrone is expanding its business in a £7.3m investment.
McColgan's in Strabane is expanding its workforce by a total of 43 people as part of its growth, which is supported by Invest NI.
The family-run company makes sweet and savoury pastry products for retail and catering markets.
It will be investing in new equipment - including a packing and despatch facility - to position itself for future growth.
The business, which was founded in the 1940s, is spending £7.36m in total, which includes a grant of £900,000 from Invest NI.
Around 26 of the 43 new staff have already joined the company, giving it a total workforce of 230.
Enterprise Minister Arlene Foster said: "This significant investment will deliver increased efficiencies and capacity for McColgan's, which will enable the company to target larger customers with the aim of increasing export sales by 50% over the next three years. McColgan's is pursuing increased market share through a clear strategic direction founded on product quality, excellent customer service and continuous product development and innovation."
The Minister said innovation and market development were crucial to the growth of the food industry in Northern Ireland.
"Businesses like McColgan's, which focus on export markets and product innovation, will help to drive the industry's growth," she said. "This investment is also good news for Strabane and for the wider economy."
Managing director Grainne Hampton said the new investment was part of a long-term vision for the company. "The installation of cutting-edge technology and production processes such as fully automated cook, cool and chill production lines will increase our capabilities as well as our capacity," she said.
"These improvements will bring additional benefits to the final product along with improved production efficiency, which is critical in maintaining a competitive edge for our customers."