€35m is pledged to dairy R&D
Further investment in the future of the Irish dairy processing sector continued this week with the announcement of €35m for two research and development facilities in Cork and Limerick.
The first is a €25m dairy technology centre at University of Limerick (UL) that is being jointly funded by Enterprise Ireland, Arrabawn, Aurivo, Carbery, Dairygold, Glanbia, Kerry, Tipperary, and Lakeland Dairies. These co-ops are contributing €9m to the project.
Nine other research organisations will be involved in the new facility, namely Teagasc, UL and seven other Irish third level colleges - UCC, UCD, NUIG, DCU, TCD, DIT, ITT and CIT..
It is expected that the centre will employ 52 highly-skilled researchers over the five-year term of the centre.
The remaining €10m is being channelled into a revamp of the pilot plant at Teagasc Moorepark. The Irish Dairy Board (IDB) and North Cork, along with Arrabawn, Aurivo, Carbery, Dairygold, Glanbia, Kerry and Tipperary are contributing €4m to this investment.
The pilot plant is 51pc owned by Teagasc and 49pc owned by industry.
The Minister for Agriculture, Simon Coveney, said that he hoped the initiative would also help encourage inward investment by major global players