Glanbia Ingredients Ireland has opened a new €7.8m facility on its existing site in Virginia, Co. Cavan. The facility will produce milk protein to be used in the global clinical nutrition, sports and consumer foods industries. The plant already employs 100 people and the introduction of the new facility is an attempts to reduce the affect of the demise of the milk quotas early next year.
Glanbia Chief Executive Jim Bergin says the €200m milk protein programme, which is supported by Enterprise Ireland, is one of the largest projects undertaken by an indigenous company and will help farmers and local businesses expand their business after the milk quotas are eliminated.
While the elimination of the milk quotas can be a threat to the dairy farmers’ business, firms such as Glanbia are making the investment to help them to adapt and continue while also providing some form of job security for their own staff.