The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing Manufacture Of Food And Beverage Manufacture Of Food Products 10.11 - Processing and preserving of meat
125 jobs Number of planned job creations
Announcement Date
5 March 2019
Employment effect (start)
Foreseen end date
Description
Food manufacturer Finnebrogue has announced plans to create 125 new jobs as it expands its operations in Downpatrick. Around 30 of the positions have already been recruited with the remaining positions expected to be filled by 2022. The site will produce bacon without the use of nitrite, which is thought to be safer. The total investment in the site will come to 17 million GBP (€19.8 million), with 1.3 million (€1.5 million) of that coming from the development agency Invest NI. Once all the jobs are filled, the business will add around 3 million GBP (€3.5 million) to the local economy each year through the employee salaries.
Eurofound (2019), Finnebrogue, Business expansion in United Kingdom, factsheet number 97373, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/97373.
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