| Click for the Finfacts Ireland Portal Homepage |

Finfacts Business News Centre

Home 
 
 News
 Irish
 Irish Economy
 EU Economy
 US Economy
 UK Economy
 Global Economy
 International
 Property
 Innovation
 
 Analysis/Comment
 
 Asia Economy

RSS FEED


How to use our RSS feed

Follow Finfacts on Twitter

 
Web Finfacts

See Search Box lower down this column for searches of Finfacts news pages. Where there may be the odd special character missing from an older page, it's a problem that developed when Interactive Tools upgraded to a new content management system.

Welcome

Finfacts is Ireland's leading business information site and you are in its business news section.

Links

Finfacts Homepage

Irish Share Prices

Euribor Daily Rates

Irish Economy

Global Income Per Capita

Global Cost of Living

Irish Tax - Income/Corporate

Global News

Bloomberg News

CNN Money

Cnet Tech News

Newspapers

Irish Independent

Irish Times

Irish Examiner

New York Times

Financial Times

Technology News

 

Feedback

 

Content Management by interactivetools.com.

News : Irish Last Updated: May 1, 2013 - 8:59 AM


Glanbia to add about 600 direct jobs in Kilkenny from 2015
By Finfacts Team
May 1, 2013 - 7:49 AM

Email this article
 Printer friendly page
Taoiseach Enda Kenny with Jim Bergin, CEO, Glanbia Ingredients Ireland, and Liam Herlihy, chairperson, Glanbia Ingredients Ireland, Dublin, April 30, 2013.

Glanbia Ingredients Ireland on Tuesday announced a new dairy plant which will result in about 600 direct jobs from 2015 at a new dairy facility in Belview, on the Kilkenny/ Waterford border.

The official government announcement refers to 1,600 direct and indirect jobs to boost the impact of the announcement but adding indirect jobs is a guess and misleading.

There is an estimated 400 jobs that will be involved in the building of the facility that will require a €150m investment.

Glanbia says GIIL is Ireland’s leading dairy ingredients company - - processing 1.6bn litres of milk or 30% of Ireland’s milk pool into a range of dairy ingredients for export to more than 50 countries. All produce from the new facility will be destined for export markets. Construction is set to commence on 17 May and the new facility is expected to begin production in Spring 2015.

The group says that as the dairy industry purchases 90% of its inputs from the domestic economy, there will be a maximum impact on the income of farm families - - boosting the rural economy and the local industries that will service on-farm expansion.

Glanbia said the facility will be capable of processing more than 700m litres of milk and will produce 100,000 tonnes of dairy powders a year.

Glanbia Ingredients Ireland is a joint venture between food company Glanbia and the Glanbia Co-Operative Society and it currently employs almost 500 employees and has market bases in Ireland, Germany, US, Dubai and Senegal.

Check out our subscription service, Finfacts Premium , at a low annual charge of €25 - - if you are a regular user of Finfacts, 50 euro cent a week is hardly a huge ask to support the service.

Related Articles
403 Forbidden

Forbidden

Execute access is denied.


© Copyright 2011 by Finfacts.com

Top of Page

Irish
Latest Headlines
Finfacts server migration Thursday
State-owned Allied Irish Banks reports H1 2014 profit as bad loan charges plunge
Ryanair reports profit in its financial first quarter soared 152%
UK firm opens van dealership in Dublin
Ryanair reports 8% fall in full-year profit; US services to commence in 2019
Global Financial Centres Index: New York overtakes London; Dublin slips to 66 of 83 cities
Bank of Ireland reports “significant” improvement in 2013 results
Sale process of IBRC UK projects Rock and Salt completed
CRH says 2014 will be year of profit growth after reporting 2013 loss
Ryanair reports third-quarter loss
Irish Water says it saved €100m in setup costs
RSA Insurance fires two Irish executives for large loss/ accounting irregularities
Bank of Ireland will have to raise provisions by €1.4bn; AIB says it's "well capitalised"
CRH reports slightly improved third quarter
Central Bank says ownership of Newbridge Credit Union transferred to permanent tsb
Ryanair reports H1 profits rose by 1% to €602m
Dublin Web Summit: Irish Stock Exchange and NASDAQ OMX announce dual listing plan
Irish pension managed funds returned to growth during September
Dan O’Brien resigns as economics editor of The Irish Times
Central Bank says no action required on Anglo tapes revelations
Ryanair flew 9m passengers and Aer Lingus carried 1.1m in August
UK Competition Commission says Ryanair must cut Aer Lingus stake to 5%
CRH reports H1 2013 revenue dip and loss
Vodafone refunded UK after discovery of Irish tax haven deal
RBS reports half year profit; Ulster Bank posts reduced loss
Bank of Ireland cuts pretax losses in HI 2013 to €504m
Irish State-owned Allied Irish Banks reports losses of €758m in H1 2013
Service Announcement
Irish managed pension funds declined in June
VHI reports 2012 surplus of €54.3m; Health insurance made loss
Ex- Elan director says management / board "not competent to run a business"
Aer Lingus to put €140m in employees pensions fund; Ryanair apoplectic
Wednesday Newspaper Review - Irish Business News and International Stories - - May 22, 2013
Tuesday Newspaper Review - Irish Business News and International Stories - - May 21, 2013
Ryanair, Europe’s biggest low cost carrier, announced Monday record annual profits of €569m - - up 13%
Monday Newspaper Review - Irish Business News and International Stories - - May 20, 2013
Friday Newspaper Review - - Irish Business News - - May 17, 2013
Thursday Newspaper Review - Irish Business News and International Stories - - May 16, 2013
Wednesday Newspaper Review - Irish Business News and International Stories - - May 15, 2013
Tuesday Newspaper Review - Irish Business News and International Stories - - May 14, 2013