A new mushroom growing facility will create 150 new jobs in County Monaghan.
The €12m development was opened yesterday by the Republic’s agriculture minister Brendan Smith.
Tyholland Mushrooms Limited — an associate company of Monaghan Mushrooms — is behind the facility which is situated at Monaghan Mushrooms’ headquarters.
When operating at full capacity the additional 18 individual mushroom growing houses will have an output of 115 tonnes of mushrooms per week, the majority for export to the UK.
The company will now expand output, enabling them to supply more mushrooms to the Irish and UK markets.
In the UK, Monaghan Mushrooms holds 45% of the market, which is valued at €425m (£350m). In Ireland, the company has a 17% market share.
In addition to its base in Monaghan, the company has extensive operations in various locations throughout Ireland, the UK and has recently established a base in Canada.
Company founder and managing director Ronnie Wilson said the Monaghan development would have a positive impact both on company productivity and on the local economy, through the creation of new jobs.