Ballymaguire Foods to treble capacity with 100 new jobs
One of the largest potato growers and packers in the country are planning to treble their rapidly expanding ready meals business, with a new multi-million euro processing plant.
Brothers Michael and Gabriel Hoey own 50pc of Ballymaguire Foods, which is located at their premises just outside Skerries in north County Dublin.
While the Hoeys started out as vegetable growers and packers, the majority of recent investment at their facility has been in the Ballymaguire Foods business that they founded in 2008 with chef Ed Spelman.
The business already produces 140,000 meals a week, but the new facility aims to triple that to take advantage of export opportunities that are opening up for the company in Britain.
"We can get a pallet of food to Liverpool for the same cost as to Cork, and the strengthening of sterling has only made the option more attractive," said Mr Spelman.
The new unit will also allow the company to target food service, along with its existing retail outlets that includes SuperValu and Lidl.
The expansion is expected to be complete by the middle of next year, and will generate 100 new jobs, bringing total employment in Ballymaguire Foods to 250. It currently uses 670t of Irish beef annually.