31/10/2012

Ballgawley Firm Announces Expansion

Enterprise Minister Arlene Foster has announced that Triple Eight Proteins in Ballygawley is expanding with the aim of growing exports of pork and poultry products.

The company is a subsidiary of Food-Bridge Ltd, a Cork meat exporting company with an established international network. The parent company is making the investment. Triple Eight Proteins is being assisted by Invest Northern Ireland to develop overseas sales, and the investment will create 18 new jobs, including three at management level, over the next three years. The company currently employs 12 people. During a visit to the company, the Minister said: "Triple Eight Proteins began operations in Ballygawley last year and is already exporting its total output to customers in developing markets such as Hong Kong, West Africa, South Africa and Eastern Europe.

"This investment will enable it to expand manufacturing and to develop its capacity and capability for accelerated growth overseas.

"The investment by the Republic of Ireland parent company is a significant development for the local pork and especially poultry processing sector, now one of our most successful export sectors.

"In addition, through this investment Triple Eight will offer further employment opportunities, including management posts in important functions such as export marketing, in a predominantly rural community."

(CD)

Related Northern Ireland Business News Stories
Click here for the latest headlines.

26 November 2001
Minister consults on open-ended investment companies
The Minister for Enterprise, Trade and Investment has pledged a commitment from his department to providing a modern financial services regulatory framework in Northern Ireland relevant to the needs of local investment firms and investors.
16 October 2019
Invest NI Launches New Equity Funds For SMEs
Local SMEs with high potential for growth could be set to benefit from two Equity Funds recently launched by Invest NI. Part funded by the European Regional Development Fund, the agency has committed £95 million in total to establishing the new funds, with a range of firms eligible for the support.
21 May 2013
Call For Effort To Promote Investment Opportunities In West Belfast
SDLP Councillor Tim Attwood has said there must be a concerted effort to promote investment opportunities in West Belfast. Figures revealed in an Assembly Question asked by SDLP MLA Conall McDevitt demonstrate that West Belfast was given £4.
28 March 2012
Foster Announces Investment By US Financial Services Company
Enterprise Minister Arlene Foster today announced that Cowen International Ltd is to set up a technology research and development centre in Belfast, potentially creating up to 50 high value jobs. Cowen International is a subsidiary of U.S based financial services firm Cowen Group, headquartered in New York.
20 March 2012
Foster Announces £3m Investment By Ballymoney Company
Enterprise Minister Arlene Foster has announced that Ballymoney company McAuley Engineering is investing almost £3million in new product development and market diversification with support from Invest Northern Ireland.