Huge spend in stark contrast to Irish woes
One of the largest recent company investments in Northern Ireland has allowed a Co Tyrone mushroom enterprise to open a new growth facility.
Northway Mushrooms have created 20 new jobs at the Ballygawley site following a £25m spend.
Economist John Simpson said that the new facility is now "underpinning the ability to maintain a significant market share in this important production process".
He added: "Northway Mushrooms is an important and growing part of the extensive mushroom producing organisation with members of the co-operative organisation coming from a wide area centred on Ballygawley.
"This investment is an important contribution to strengthening and expanding the mushroom business. Annual turnover through the organisation now exceeds £50m each year."
The huge investment is in stark contrast to the troubles mushroom producers have faced in the Republic of Ireland since the 2016 vote to leave the EU. In 2016, RTE reported that five of Ireland's 60 mushroom farms had gone out of business since the referendum. They also reported that Irish mushroom growers rely on the UK for 80% of sales.
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