Archive for May 25, 2012
€1.9 Million investment in CastletownBere Seafood Processing industry will help realise sector’s potential and bring much needed jobs – Harrington
Sector responds to global demand for Irish seafood with national investment of €15.5m 
and creation of 142 new jobs
Fine Gael Cork South West Deputy Noel Harrington, has warmly welcomed the announcement of an investment of €1.888,980 million by Castletownbere seafood processing firms which he said will help to realise the sector’s potential while creating much needed jobs.
The investment is part of a broader national investment of €15.5 million, which is supported by grants of €3.2 million under the EU co-funded Seafood Processing Business Investment Scheme. The Scheme is implemented as part of the Irish Seafood Development Programme 2007-2013.
“The scale of the investment being made by 21 seafood processing companies across Ireland is significant as it will see 142 new jobs being created nationally within the industry with increased sales of €44 million expected by 2015. It comes on the back of investments of a total of nearly €10 million in 2010 and 2011 and is a clear recognition of the role and contribution the seafood processing industry has to play in our economic recovery.
