Moy Park’s £6m training outlay given backing by Invest NI
Published 21/02/2013 | 09:35
Northern Ireland's largest food processing company is to receive a £1.5m training boost to bolster its own £6m investment to upgrade the skills of its workforce.
Moy Park has been offered £1.49m to match the Craigavon-based producer's £5.95m investment, earmarked for a comprehensive, two-year training programme.
The Co Armagh firm is spending the money on improving the skills set across the company ensuring each of its 5,000 employees can deliver “best in class”.
The £1.5m has been announced as part of Invest NI's Skills Growth Programme which aims to offer financial support for training focused on higher skills.
The programme has an emphasis on subjects “essential to the development of the economy such as management and science, technology, engineering and mathematics”.
Nigel Dunlop, Moy Park chief executive, said: “Through this significant investment in training, we aim to improve competitiveness and profitability and deliver more innovation through high performing people and teamwork so that we can continue to grow in the UK and international markets.”
Enterprise Minister Arlene Foster said the company's investment in training reflected its understanding that a high skills level was fundamental to sustainable growth and continued success in international markets.
She noted that Moy Park's investment and the access to the Skills Growth Programme funds also coincided with a new Skills Accelerator Grant which provides 50% of up to £10,000 for small firms preparing to begin exporting.