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26/01/2015
Kestrel Foods Announces £750,000 Investment
Kestrel Foods, the UK dried fruit and nut business, is investing over £750,000 in new processing and packaging technology to drive export sales, supported by Invest Northern Ireland.
The Portadown-based company, which owns the Forest Feast and Acti-Snack brands, is receiving assistance of £60,000 from Invest NI towards supporting its export growth strategy, which includes the introduction of the new production and packaging machinery and the creation of 11 additional jobs.
Brian Dolaghan, Invest NI's Director of Business and Sector Development, announced support for the expansion during a visit to the company.
Mr Dolaghan said: "This is a very important strategic expansion by a company which has invested steadily in its products and sales outside Northern Ireland.
"Kestrel Foods' expansion includes the introduction of new technology and staff to enable it to achieve a significant uplift in sales outside Northern Ireland, particularly in emerging markets it has pinpointed such as Brazil, Uruguay, Spain, Italy and Asia Pacific.
"Kestrel is an impressive export-led company, a tremendous role model of what a smaller business can achieve from ongoing investment in innovative products and processes focused on sales abroad.
"As a result, the business now has very solid platforms in Europe and Hong Kong on which to build further international sales. The new machinery and resulting additional products will enable Kestrel to go further, faster, in global markets."
(CD/JP)
The Portadown-based company, which owns the Forest Feast and Acti-Snack brands, is receiving assistance of £60,000 from Invest NI towards supporting its export growth strategy, which includes the introduction of the new production and packaging machinery and the creation of 11 additional jobs.
Brian Dolaghan, Invest NI's Director of Business and Sector Development, announced support for the expansion during a visit to the company.
Mr Dolaghan said: "This is a very important strategic expansion by a company which has invested steadily in its products and sales outside Northern Ireland.
"Kestrel Foods' expansion includes the introduction of new technology and staff to enable it to achieve a significant uplift in sales outside Northern Ireland, particularly in emerging markets it has pinpointed such as Brazil, Uruguay, Spain, Italy and Asia Pacific.
"Kestrel is an impressive export-led company, a tremendous role model of what a smaller business can achieve from ongoing investment in innovative products and processes focused on sales abroad.
"As a result, the business now has very solid platforms in Europe and Hong Kong on which to build further international sales. The new machinery and resulting additional products will enable Kestrel to go further, faster, in global markets."
(CD/JP)
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