Major investment of €35m has been announced by ABP Food Group, located in Cahir and Nenagh, with further investment in the Cahir plant to be announced shortly. This has been confirmed to Minister of State at the department of Agriculture, Tom Hayes, by ABP managing director Finbarr McDonnell who told Deputy Hayes that additional investment will be made in the Munster Proteins plant in Cahir, commencing shortly. Mr McDonnell also confirmed that ABP had purchased the site of the former PAL factory in Tipperary Town, and see the plant as a valuable asset to the group as its location is strategic to their supply chain, according to Minister Hayes.
The newly appointed junior minister has welcome the news: “Currently ABP Food Group employs 1,150 people across the county and the assurances I have received from managing director Mr McDonnell, regarding the operations of the group within Tipperary is hugely encouraging,” said Minster Hayes.
“Over €35 million is being invested in developing the existing plants and this will bring much needed jobs to the county in construction as well as the growth of the individual plants themselves.”
“The Cahir and Nenagh plants provide jobs and stability to the local areas that surround them and it is particularly important that ABP foods now also see Tipperary Town as a strategic location that is valuable to the group. Hopefully this will bring employment to the plant in the near future and herald a new beginning for Tipperary Town.”