THE Barry Group is set to create up to 35 new jobs over the next 12-months through the development of a new €5 million chilled distribution facility at its Mallow HQ.
The investment is set to reap huge dividends for the company, delivering sales of up to €200 million in revenue over the next five years.
A recognised leader in the Irish wholesale distribution industry, Barry's already operates the successful Costcutter, Quick Pick and Carry Out retail franchises in addition to serving more than 1,000 additional independent retailers across the country.
The development of the new chilled distribution facility will facilitate the rollout of new Costcutter and Meadowbank Farm Irish own-brand ranges across the Costcutter network of stores.
Speaking at the official launch of the new brands, Agriculture Minister Simon Coveney praised the Barry Group for continuing to expand at a time when many companies are consolidating their operations.
"Food retail is one of the most competitive sectors in Irish business.
"It is indigenous operators like the Barry Group that continue to raise service and quality levels by reinvesting in their business and working with Irish suppliers," said Minister Coveney.
Barry Group MD Jim Barry said the latest investment will allow the company to support Irish food production and keep their retailers at the forefront of Irish retail.
"Buying Irish and facilitating new markets for local producers is keeping money in the local economy while sustaining our own Costcutter franchise business.
"So this makes sense for us on a number of levels," he said.