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Did You Know?, April 8 2014

Published on Apr 7 2014 3:01 PM

Did You Know?, April 8 2014

Did you know… Mondelez International Ireland is to invest €3.6 million in upgrading its facility in Rathmore, Co. Kerry? The facility, which is located on the River Blackwater, produces Cadbury chocolate crumb for the company. According to the Sunday Business Post, the upgrade will include the installation of a new milk evaporator as well as replacing the current technology used at the site. "This enhanced technology forms part of an overall Mondelez manufacturing strategy to drive efficiency in manufacturing processes and ways of working," said Ian O'Toole, head of manufacturing at Mondelez International.

Did you know… The Government is considering a possible debt forgiveness scheme for troubled small- and medium-sized businesses (SMEs)? The Irish Independent has reported that the idea is one of a number on the agenda for the new working group in the process of being established under the umbrella of the State-led Consultative Committee on SME Funding. The decision to examine the issues affecting SMEs was made at a meeting of the Department of Finance, Department of Jobs and Enterprise, Enterprise Ireland and the county enterprise boards, industry groups such as ISME and the Small Firms' Associations and the banks which make up the Consultative Committee on SME Funding.

Did you know… Glanbia has opened a new grain processing facility in Sioux Falls, South Dakota, where it intends to produce flaxseed, chia and quinoa? The facility, a 63,000 square feet plant, cost €22 million to develop. According to Jack Gorman of Davy Stockbrokers, the new facility "once again demonstrates the group’s commitment to internal investment in its growth platforms (global performance nutrition, global ingredients)."

Did you know… Killybegs Fisherman’s Organisation is developing one of the worlds biggest bio-marine ingredients facility? The Donegal-based facility will be developed with a Norwegian Science and Technology company. An investment of €35 million in the project will create 70 new jobs in the area from 2016, with 50 construction staff employed to build the facility. It is expected that the facility will process up to 50,000 tonnes of raw material annually.

Did you know… GlaxoSmithKline (GSK) has been notified by the US Food and Drink Administration (FDA) about a contamination at its Cork facility? The FDA warned that the ingredient paroxetine, used in anti-depressants Paxil and Seroxat, was contaminated from the pharmaceutical waste tank, “which contained APIs (active pharmaceutical ingredients), intermediates and solvents”. The contamination reportedly became known in January, and the FDA issued a warning letter to GSK on March 18, however batches were distributed after this date. A spokesperson said that based on a medical assessment, GSK considers that there is no increased risk of harm to patients by taking tablets manufactured from the implicated batches.

Did you know… SuperValu opened a new store in Kinsale, Cork last week? The store, which is owned by local businessman, Michael Smith represents a total investment of €13 million and is set to create 35 new jobs. The new 20,000 sq. ft. store is located at The Glen, New Road, Kinsale. Michael Smith, owner of SuperValu Kinsale, said; “We are delighted to be able to offer the people of Kinsale an extensive range of quality produce at the best possible value. As well as our fresh food offering and in-store expertise, our customers will be able to avail of additional services such as our online delivery, ATM and parking for over 200 cars, with an option of basement car parking for wet days.” The Kinsale store brings the number of SuperValu stores to 223 nationwide.

Did you know… Aldi opened a new store in Dungarvan last week? The new store, located on Davis Street, will create 20 new jobs and brings Aldi’s total store number to 107. To commemorate the opening, Aldi sent its Taste Truck to Dungarvan to offer its customers breakfast made by Mount Juliet Hotel chef Cormac Rowe.

Did you know… The National Federation of Retail Newsagents (NFRN) has expressed its disappointment following the publication last week of the Joint Oireachtas Committee on Health & Children's report on proppsed plain packaging legislation? NFRN Ireland said that despite presenting the Joint Oireachtas Committee with a large volume of credible evidence, its report failed to address the fact that growth in illicit trade will follow the introduction of plain packaging. Commenting on the report, NFRN Ireland President Peter Steemers said: “Our organisation presented the Australian evidence to the Health Committee in February. It is very disheartening to have been ignored. We face enormous problems from the illicit trade in Ireland which plain packaging will make even worse.”

© 2014 - Checkout Magazine by Stephen Wynne-Jones

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