A NEW €17m butter plant opened by Glanbia means Ireland can better compete in terms of scale on world markets.
That was the verdict of EU Agriculture Commissioner Phil Hogan as he opened a new state-of-the-art plant at Ballyragget, Co Kilkenny. The latest completed project brings the total Glanbia investment at Ballyragget to €106m, and 400 people work there.
Commissioner Hogan said the Glanbia project typified the type of investment he wanted to support as Agriculture Commissioner. "This commitment represents the ambition to grow globally from its local roots," he said.
Jim Bergin, who is CEO of Glanbia Ingredients Limited, said the firm had ambitious growth plans and had invested €235m in Ireland in recent years. He said the company had been making butter in Ballyragget for almost 50 years.
The project was backed by Enterprise Ireland and their food division manager, Michael Cantwell, said food was Ireland's number one export while Ireland was a world leader in dairy sales. The investments have increased the Ballyragget plant's production by 50pc.