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Davie Tait
28th May 2012, 18:20
Over 140 new jobs to be created with 15.5 million investment in seafood processing industry


http://www.fishupdate.com/news/fullstory.php/aid/17638/Over_140_new_jobs_to_be_created_with__8015.5_milli on_investment_in_seafood_processing_industry.html

Simon Coveney, T.D. Irish Minister for Agriculture, Food and the Marine, last week announced 15.5 million of new investment by the Irish seafood processing companies, supported by grants of 3.2 million under the EU co-funded Seafood Processing Business Investment Scheme.

These investments by 21 companies are projected to generate over 142 additional jobs and increased sales of value added seafood products of nearly 44 million by 2015. The companies are based in Wexford, Dublin, Cork, Donegal, Galway, Louth and Kerry.

Minister Coveney stressed the positive effect this investment will have on the sector: "This is a very sizeable investment by any standards and particularly so when combined with investment under this scheme over the past two years. It demonstrates the confidence in the seafood sector as a high growth area of our economy and of our food industry.

"The SMEs undertaking this very welcome new investment represent the future of the seafood industry. The new investment involves companies significantly growing their businesses and also diversifying, which will lead to increased profitability and increased employment. The investment also builds on the very positive announcements made earlier this week in the beef sector and the further development of trade links with China. The number of companies participating in the Scheme demonstrates the willingness of the sector to invest to meet the strong global demand for our seafood".
2012 grants approved under the seafood processing business investment scheme


Beneficiary Project Spend Maximum Grant Approved

Sofrimar Ltd , Kilmore Quay Co. Wexford 1,430,009 357,502.25
Kilmore Fish Co. Ltd Kilmore Quay Co. Wexford 273,965 63,408.25
Dunns Seafare Ltd Jamestown Business Pk.,
Finglas Dublin 11 585,000 146,250.00
Atlantis Seafoods Wexford Ltd. Kerlogue Ind.
Estate, Rosslare Rd. Wexford 49,400 12,350.00
Shellfish De La Mer, Dinish Island,
Castletownbere, Co. Cork 488,980 122,245.00
Rockabill Shellfish Ltd, Stephenstown Ind.
Estate, Balbriggan, Co. Dublin 437,239 109,309.73
Sean Ward Fish Exports Ltd. Killybegs
Co. Donegal 755,140 188,785.00
Iasc Mara Teo. ,Rossaveal, Co. Galway 310,612 77,653.00
Earagail Eisc Teo Meenaneary Carrick
Co. Donegal 895,000 223,750.00
Charlie Vial (Fish Merchant) Ltd, Dunkineely
Co. Donegal 303,256 75,814.00
Premier Fish Ltd. Kinncaslagh Co. Donegal 6,134,884 887,193.90
Atlanfish Ltd Malin Rd. Donegal 148,000 37,000.00
Proseail An Clochan Liath Teo. Meenmor
Dunglow, Co. Donegal 591,950 147,987.50
Breizon Ltd, Rossaveal Co. Galway 12,500 3,125.00
Keohane Seafood Ltd Unit 28, Kinsale Road,
Ind. Estate, Kinsale Rd. Co. Cork 255,000 63,750.00
Kish Fish Ltd. Malahide Road Industrial Park
Coolock, Dublin 17 80,625 20,156.25
Seafood Processors Ltd. T/A Morgans Fine Fish,
Omeath, Co. Louth 235,963 58,990.75
Good Fish Processing (Carrigaline) Ltd.
Carrigaline Industrial Estate, Crosshaven Rd.
Carrigaline Co. Cork 222,000 55,500.00
Castletown Bere Fishermens Co-op Ltd
Castletownbere Co. Cork 1,400,000 350,000.00
O Cathain Iasc Teo An Dangain, (Dingle)
Co. Kerry 715,000 178,750.00
Ballycotton Seafoods Garryvoe, Co. Cork 219,563 54,890.75
15,544,085 3,234,411.38