Enterprise Ireland backs new €34m Glanbia plant
Glanbia's plan to spend €35m on the refurbishment of its cheese plant in Wexford will benefit from grant aid from Enterprise Ireland.
"Subject to planning approval being secured, Enterprise Ireland has indicated its willingness to provide support for this investment," said a statement from the processor.
The cheese plant, which was owned by Dairy Crest and then Wexford Creamery, was bought out by Glanbia in 2014.
The €20m deal sparked division within the ranks of Wexford Creamery suppliers, with one sixth of the 326 suppliers choosing to move their supplies to other processors.
The Wexford town plant processed 20,000t of cheese last year, but the planned investment is designed to double its processing capacity.
Management hopes to have the new plant operational in 2017. It produces the Wexford brand, which is being exported internationally. Glanbia also operates a larger cheese manufacturing plant at Ballyragget.