Enterprise Minister Arlene Foster has announced a £2.2 million expansion by Greiner Packaging Ltd at Dungannon that plans to create 10 new jobs.
The Minister announced the investment in state-of-the-art In-Mould Labelling (IML) technology during a visit to the Austrian owned company.
Arlene Foster said: "This investment of £2.2 million is a testament to the vision of the company in continually introducing new technology and manufacturing processes that is enabling it to meet market demand for his packaging expertise especially from major customers in food processing."
Ms Foster continued: "Invest Northern Ireland has offered over £200,000 towards the project which will also create 10 new jobs for Dungannon in addition to the 210 already employed by this progressive international company. The scale of the investment by the Greiner Group is evidence of the quality and calibre of the Northern Ireland operation and speaks volumes on its ability to deliver in challenging economic times.
"The company is also an important player within the local food industry especially the dairy sector and is positioned to make an even greater contribution as the industry continues to grow from the expansion projected by companies in the recently published agri-food strategy, Going for Growth - Investing in Success."
Jarek Zasadzinski, CEO Greiner Packaging UK, said: "This is a significant strategic investment for the company and indeed the group. The IML equipment has already enabled us to expand our packaging portfolio and to secure significant new business from international customers.
"In 2012 Greiner Packaging Ltd saw a growth of over 17% and was the fastest growing site from Greiner Packaging International. Thanks to this new technology the growth in 2013 will be even on a larger scale.
"While we have a strong customer base particularly in rigid packaging for the dairy industry, the new moulding hall is enabling us to develop expertise and products for a much wider marketplace including high profile clients especially in the global confectionery industry. We are very strong player in this market in Europe and we are intending to grow also in the UK and Ireland.
"This strengthens the position of the operation here in Dungannon substantially and provides scope for further and faster growth in both short and long terms."