Over 600 jobs created through €214m investment at Moy Park
Published 07/07/2014 | 18:35
Chicken producer Moy Park is creating almost 630 new jobs through a £170m (€214m)) investment.
The 628 posts will be located at the company's sites in Dungannon, Craigavon and Ballymena.
One hundred have already been filled and the rest of the recruitment will be phased over the next four years.
The investment by Moy Park, which is part of the Brazilian Marfrig Group, will create additional factory processing lines and see the establishment of an innovation centre as well as the development of financial services.
The Stormont Executive's business support agency Invest Northern Ireland has provided £9.5 million towards the expansion.
Marfrig Global Foods chief executive Sergio Rial said: "We are committed to growing our operations in Northern Ireland and this investment, with support from Invest Northern Ireland, helps us to achieve that.
"We have had ongoing, positive engagement with the Northern Ireland Executive and have experienced a very pro-business attitude."
Moy Park's chief executive Janet McCollum added: "Moy Park started as a small farming company in 1943 and has grown into a top UK business with a £1.5bn turnover. We continue to have big ambitions and this investment will allow us to further grow our operations and create new jobs in Northern Ireland."
Stormont economy Minister Arlene Foster said the expansion would bring an additional £10.5 million in wages and salaries annually for the local economy.
She described it as a "huge boost of confidence" in Northern Ireland as a European food production and manufacturing centre of excellence.
"The expansion will further enhance Moy Park's contribution to the local economy by enabling the business to achieve a substantial growth in sales, mostly to customers outside Northern Ireland, by 2018," she said
"We have been able to demonstrate to international investors like Marfrig that we will work with them to ensure Northern Ireland is the right European location to successfully grow their business.
"Today's announcement is a sign of Marfrig's ongoing commitment to Northern Ireland. The new jobs are being created over a four year period across Moy Park's three sites in Ballymena, Craigavon and Dungannon, with a variety of roles available including 70 high value posts based in the new Innovation Centre."