Firm invests £100k in new horse feeds
Equestrian and Farm Feeds (EFF) in Lisburn is investing more than £100,000 in new products for the global equestrian industry.
The company employs seven people in the production of horse feeds and supplements. Invest NI has offered the company assistance of £22,000 towards developing new feed products for export.
Mr McQuaid said: "Our objective in making what is a very substantial investment for the business is to quadruple sales outside Northern Ireland and especially in Great Britain and the Republic of Ireland. This should see sales outside Northern Ireland grow to 65% of turnover.
"We are aiming to achieve this by improving our new product development capability and overall competitiveness in these fast growing markets. At the heart of our investment is the introduction of a new production process that will enhance our capacity to support the development of new branded products.
"Our experience gained over 40 years in supplying equestrian feeds and supplements gives us a solid platform for the development of innovative products for a dynamic industry."
Thailand's Janakabhorn Karunayadhaj, one of the world's leading showjumpers, joined Mr McQuaid and John Hood of Invest NI to mark the latest jump towards success for the company.