Quinn Industrial Holdings ramps up investment despite threats
Published 24/04/2016 | 02:30
Quinn Industrial Holdings is pushing on with plans to ramp up investment in the firm despite a campaign of intimidation against some of the company's staff.
The company, which consists of certain businesses formerly owned by the collapsed Quinn Group, said it expects to invest €14m in 2016 as it looks to increase efficiency and improve its products.
The Sunday Independent has learned that planned projects include a new extrusion line - which sees raw materials like cardboard pushed through a device in order to produce a product of a certain shape - for Quinn Packaging, and an extension of the company's cement-import facility in Rochester, Kent.
The company is looking to hire more staff and has advertised positions in the local press in the border region. It's also offering staff a £100 voucher if they bring in a new staff member who is hired after a six-month probationary period.
However, the owners of the Slieve Rushen windfarm, another ex-Quinn Group asset, have said a £4m investment in a new substation designed to feed energy into the grid is now at risk.
"We invest in and own wind farms across Europe. This is the only site which requires 24-hour protection for the site and workers."
Earlier in the week, Sean Quinn said he totally condemned any act of intimidation.
Sunday Indo Business