Tayto Snacks Announces €16M Investment In Ashbourne Factory
Published on Mar 22 2019 11:50 AM
Tayto Snacks has revealed that it is investing €16 million into making its factory in Ashbourne, Co. Meath, more efficient.
As reported by the Irish Times, the company began its investment in 2018, and will now see it run through to 2020.
According to Jeff Swan, Tayto Snack’s managing director, it plans to “release capacity in our plant and make sure we can fuel our growth agenda”.
“We traditionally had a few bottlenecks in the factory, particularly around packaging crisps and our snacks business, so a large part of the investment, releases a lot of those bottlenecks,” he said.
The Irish firm is receiving support from its German buyer, Intersnack, which has been investing in the business since acquiring it in 2015.
Between 2006 and 2016 it is reported that the company had invested about €20 million into Tayto’s business.
Tayto Snacks, which owns brands including Tayto, Hunky Dory, Perri, and King, recently launched its latest product, Tayto Muchos, a blend of a crisp and a light folded tortilla snack.
© 2019 Checkout – your source for the latest Irish retail news. Article by Aidan O’Sullivan. Click subscribe to sign up for the Checkout print edition.