New €150m Glanbia plant to create 2,000 jobs!!!


New €150m Glanbia plant to create 2,000 jobs

A new milk processing plant could give a huge boost to the south-east of the country creating over 2,000 jobs in spin-off industries.

And now the rub

the plant will only employ 76 people when it opens in two years’ time,

And now a bit of pure speculation

both the Government and the company claim it could spur about 1,000 extra farm jobs and another 600 local jobs as a knock-on effect of its construction.

There will also be 450 construction roles as the factory is built.

Glanbia said the plant will contribute around €400m a year to the local economy.

And now a bit of PR nonsense 

Taoiseach Enda Kenny said the plan was a “massive vote of confidence in Ireland and our agri-food sector”.

Agriculture Minister Simon Coveney hailed the news as “the biggest jobs announcement” of the year.

He also rejected concerns that the mooted 1,600 jobs may not end up being created.

“Anyone who questions that does not understand the agriculture sector. These numbers are based on reliable economic models and they are conservative figures. Now I just begin to wonder how much the minister really knows about agriculture. By bet is he is far more familiar with the word spin …

“These are real, Irish jobs. They cannot be moved overseas,” he claimed…. but they might well be invisible

Enterprise Minister Richard Bruton claimed the announcement was of “major strategic significance”.

Glanbia is building the plant to deal with a huge increase in the amount of milk its suppliers will produce when EU caps on milk production are removed in 2015.

Almost all of the milk  will be exported to Asia, Africa and South America. Most of it will be sold as dry milk powder which can be used for infant milk formula, cheese and nutritional products.

What we are not told

No figures seem to emerge from this PR splurge as to how much Glanbia received in grants

After construction my bet is we will be lucky to see 200 jobs in total

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About Old Boy

Love the past and the future but live in the present

Posted on May 2, 2013, in buisiness, Food, Government, Ireland, politics and tagged , , , , , , , , . Bookmark the permalink. Leave a comment.

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