Menu
17/05/2005
Moy Park announces £40m investment plans
Leading food processing company Moy Park has announced plans to invest £40 million at its four plants across Northern Ireland.
The investment, which is being backed with £6 million by Invest NI, aims to facilitate capability development at its plants in Craigavon, Dungannon, Moira and Lisnaskea.
Managing director, Trefor Campbell said: “As a company, we continually strive to achieve world class standards and productivity levels. This investment will drive greater efficiencies which will enable Moy Park to compete more effectively with larger competitors and to maintain competitive advantage.”
Invest NI chief executive Leslie Morrison added: “As Northern Ireland’s largest food processing company, employing some 3,500 in the region, this significant investment will ensure Moy Park retains its market position with key retailers across the UK and Europe.
“The project will have a direct impact on improving the company’s production capability and will strengthen Moy Park’s position within the OSI Group. The ongoing development of Moy Park is strategically important for the sector, contributing significantly to the growth, capability and market focus of the Northern Ireland food industry.”
In addition to increasing company turnover the project, which supports approaches proposed in the “Fit for Market” report of the Food Strategy Group launched in November 2004, will safeguard jobs.
(MB)
The investment, which is being backed with £6 million by Invest NI, aims to facilitate capability development at its plants in Craigavon, Dungannon, Moira and Lisnaskea.
Managing director, Trefor Campbell said: “As a company, we continually strive to achieve world class standards and productivity levels. This investment will drive greater efficiencies which will enable Moy Park to compete more effectively with larger competitors and to maintain competitive advantage.”
Invest NI chief executive Leslie Morrison added: “As Northern Ireland’s largest food processing company, employing some 3,500 in the region, this significant investment will ensure Moy Park retains its market position with key retailers across the UK and Europe.
“The project will have a direct impact on improving the company’s production capability and will strengthen Moy Park’s position within the OSI Group. The ongoing development of Moy Park is strategically important for the sector, contributing significantly to the growth, capability and market focus of the Northern Ireland food industry.”
In addition to increasing company turnover the project, which supports approaches proposed in the “Fit for Market” report of the Food Strategy Group launched in November 2004, will safeguard jobs.
(MB)
Related Northern Ireland News Stories
Click here for the latest headlines.
14 November 2024
Minister Murphy Raises Economic Concerns in London
Economy Minister Conor Murphy today raised a number of key economic issues with British Government Ministers during a visit to London.
Minister Murphy Raises Economic Concerns in London
Economy Minister Conor Murphy today raised a number of key economic issues with British Government Ministers during a visit to London.
15 January 2014
First Ministers Discuss Mafrig Investment At Moy Park
The First and deputy First Minister have been discussing potential investment opportunities at Moy Park in Northern Ireland with Marcus Molina, Chief Executive of Brazilian food processing giants Marfrig Group.
First Ministers Discuss Mafrig Investment At Moy Park
The First and deputy First Minister have been discussing potential investment opportunities at Moy Park in Northern Ireland with Marcus Molina, Chief Executive of Brazilian food processing giants Marfrig Group.
09 December 2013
Community Projects Receive £1.1m
A total of 16 community groups across Belfast have received total funding of just over £1.1m from City Council. The funding boost is being delivered through the £5m Local Investment Fund (LIF), which is part of the council's wider Investment Programme for the city. The move brings the overall amount allocated through the fund to over £2.
Community Projects Receive £1.1m
A total of 16 community groups across Belfast have received total funding of just over £1.1m from City Council. The funding boost is being delivered through the £5m Local Investment Fund (LIF), which is part of the council's wider Investment Programme for the city. The move brings the overall amount allocated through the fund to over £2.
16 May 2013
£1.25m For Belfast Community Projects
20 community regeneration projects across Belfast have received funding totalling £1.25m from the City Council. The funding is part of £5m set aside for the Local Investment Fund (LIF). Just under £1.3m is earmarked each to the North, South, East and West of the city and a further £490,000 allocated for the Shankill area.
£1.25m For Belfast Community Projects
20 community regeneration projects across Belfast have received funding totalling £1.25m from the City Council. The funding is part of £5m set aside for the Local Investment Fund (LIF). Just under £1.3m is earmarked each to the North, South, East and West of the city and a further £490,000 allocated for the Shankill area.
26 April 2022
Moy Park Announces 'Spring Chicken' Foodbank Initiative
Moy Park has announced a new initiative that will see the leading food company donate £100,000 worth of products to local foodbanks. The 'Spring Chicken' initiative aims to provide foodbanks with quality nutritious produce to help those struggling with everyday living costs and poverty in our local communities.
Moy Park Announces 'Spring Chicken' Foodbank Initiative
Moy Park has announced a new initiative that will see the leading food company donate £100,000 worth of products to local foodbanks. The 'Spring Chicken' initiative aims to provide foodbanks with quality nutritious produce to help those struggling with everyday living costs and poverty in our local communities.
-
Northern Ireland WeatherThis Evening and Tonight:A dry night, save for a few light showers around the coasts, with prolonged clear spells and light winds bringing a frosty dawn for many in central and southern parts. Minimum temperature -3 °C.
