Industry & Business

Foods Connected to Create 20 jobs in the North West in Major Investment

 Breaking News
  • Greencore to Divest US Business in $1 Billion Deal Greencore Group, the Irish and UK convenience food business, has agreed to sell its entire US business to an affiliate of Hearthside Food Solutions for US$1.075 billion (£817 million) on a cash and debt-free basis. Hearthside is a major US contract food manufacturer with a heritage in US food industry outsourcing. The disposal will leave [...]...
  • Research and Innovation Critical to Business Success Post Brexit The Managing Director of the Industry Research and Development Group (IRDG) says increased investment in research and innovation by both the business sector and the State is critical in order for Irish businesses to survive the hard hitting impact of Brexit. Denis Hayes says despite budget 2019 proposals State expenditure on research and innovation will [...]...
  • Irish Distillers to Invest €150 Million in Sites in Cork and Dublin Irish Distillers has announced investment of over €150 million in its sites in Cork and Dublin to meet demand for its products as the Irish whiskey renaissance continues apace. This is accelerated by the continued growth of the company’s flagship Jameson brand, which is now in double or triple-digit growth in more than 80 markets [...]...
  • CM Precision Components Opens New Purpose-built Factory in Downpatrick Downpatrick-based CM Precision Components Ltd has officially opened its new 16,000 sq ft manufacturing facility at Invest Northern Ireland’s Killough Road Industrial Estate. The advanced engineering firm has invested almost £1 million in the construction project, to expand its production capabilities and meet the growing demands of its customers. CM Precision Components produces precision machined components for [...]...
  • Arkphire Secures New Investment IT solutions and networking company, Arkphire, has announced that Bregal Milestone, a private capital firm, has completed an investment into the business. The investment by Bregal Milestone comes from their new €400 million pan-European fund dedicated to investing in high-growth European companies. Typical commitments from Bregal Milestone range from €20 million to €60 million. Arkphire provides [...]...

Foods Connected to Create 20 jobs in the North West in Major Investment

Foods Connected to Create 20 jobs in the North West in Major Investment
May 24
15:56 2018

Foods Connected is making a £1.7 million investment and creating 20 new jobs to help it increase its export sales and keep up with the growing demand for its services. The Londonderry-based software firm provides a range of cloud-based software tools to help companies in the food industry manage processes and information across Supplier Approval, Quality and Trading, resulting in reduced costs and increased profitability.

Welcoming the investment, Des Gartland, Invest Northern Ireland’s North West Regional Manager, said: “Foods Connected is an export focused company which is making a major investment in the North West and creating 20 new high quality jobs. The new team will be recruited over the next two years and once in place, will generate over £800,000 annually in additional salaries to the local economy. Since participating on our Propel Programme in 2014, Foods Connected has benefited from a range of Invest NI support to reach this pinnacle point. This has included marketing assistance and support for three jobs in 2016 to assist it to increase both turnover and export sales. With this new investment, I look forward to seeing it increase its market share in the food services sector across the UK, Europe and beyond.”

Invest NI has offered Foods Connected support of £157,000 to help create the new jobs. Roles include systems developers and project management & business development roles.

Gary Tyre, Co-Founder and System Development Director of Foods Connected, said: “This investment forms part of our long term growth strategy to become a market leader in management tools for the food sector. We’ve been delighted with the practical support and expert advice provided by Invest NI which we have used to redesign our brand through the Design Active Programme, and support our company expansion plans. Over the last few years, demand for our products has grown rapidly with projects well underway with major food processors and retailers in the UK, Europe, Australia and New Zealand. Recruitment for the new jobs is underway and will give us the resources to keep up with demand and ensure we are well positioned to take advantage of the wide range of growth opportunities we have identified over the coming years.”

Foods Connected currently employs 19 staff and is located in The City Factory, Londonderry with additional offices in Belfast and Sydney.

CAPTION:
Pictured (L-R): Gary Tyre, Co-Founder and System Development Director of Foods Connected, and Des Gartland, North West Regional Director, Invest NI.

About Author

admin

admin

Related Articles

New Subscriber





Subscribe Here



Advertisements



















National Manufacturing Conference & Exhibition 2018

NIBRT Springboard Success Stories



Upcoming Events

  • No upcoming events
AEC v1.0.4