£10m food plant set for Co Tyrone
Published 13/01/2011 | 12:52
The opening of a new £10 million food company plant in Co Tyrone will create 85 news jobs, Enterprise Minister Arlene Foster has announced.
The state-of-the-art retail packing and product development facilities in Dungannon will boost Linden Foods' competitive position in the meat processing sector.
While the company has invested £10 million, Invest NI has offered £497,000, part funded by the European Regional Development Fund (ERDF).
The 85 jobs will be created over the next three years, bringing Linden's total employment figure to 520.
The new 5,740 square metre premises are next to the company's main processing site and include an innovation centre incorporating a development kitchen as well as new preparation, production and dispatch areas.
The minister said: "The food industry is a key contributor to Northern Ireland's economy and one that has shown an impressive resilience to the economic downturn, better than virtually every other sector.
"The Focus on Food strategy launched earlier this year urges local companies to focus resources on innovation. Companies like Linden Foods are leading the way by investing in new technology and new product development for future growth."
Linden Foods hopes to increase sales by 32%, most of which will be in markets outside Northern Ireland.
Managing director Gerry Maguire said: "This new facility, which includes a dedicated development kitchen where new recipes can be trialled and crafted, is the next natural step for the company's growth and will allow us to bolster our position as market leader within the meat processing industry."
The company forms part of Linden Food Group which has a turnover in excess of £300 million and employs 1,100 people on seven sites in Northern Ireland, the Republic of Ireland and England.