Carbery to expand their cheese-making facility in Cork

Carbery to expand their cheese-making facility in Cork

West Cork cheesemakers, Carbery Group, are to expand their production facility in Ballineen.

The €78m investment will help the group diversify into other cheese products in response to consumer demand for mozzarella and other cheese varieties in emerging markets.

The new production facility, which is hoped to be finished in early 2020, will increase milk production to four million litres of milk each day.

The Group will borrow to fund the investment and thus will not seek to raise additional capital through its shareholder base.

Jason Hawkins, Chief Executive Officer, Carbery Group, said: “Product and market diversification has always been a core part of our business and ongoing strategy, with this project in the planning for almost two years.

"As a global organisation, we are constantly looking to international consumption trends to further grow our offering and our business.

"Cheese such as mozzarella provides us with a more diversified product range and an opportunity to build a stronger foothold in new and emerging cheese markets such as Asia and the Middle East, while also providing us with a new product range and market opportunities, in sectors such as foodservice.”

Peter Fleming, Chairman, Carbery Group, added: “Carbery has traditionally paid a leading milk price to its farmer suppliers. It is the role of the Carbery board to represent the interests of the milk suppliers of West Cork and reinvest in the organisation to secure the future for ourselves and those who come after us.

"This investment further enhances the organisation’s ability and commitment, to delivering value through a strong milk price, to our shareholders into the future.”

More in this Section

Michael O’Leary lambasts British Government for Flybe rescueMichael O’Leary lambasts British Government for Flybe rescue

Global shares hit as investors focus on coronavirus outbreak in prisonsGlobal shares hit as investors focus on coronavirus outbreak in prisons

Nama paid €1m in redundancies last yearNama paid €1m in redundancies last year

No sign of significant consumer upsurge: Visa IrelandNo sign of significant consumer upsurge: Visa Ireland


Keep chomping on those carrots so your eyes will be in perfect working order for that prolonged annual gaze through the keyhole as Home of the Year returns for a sixth series next week.Home of the Year offers a good excuse for a bit of good-natured interiors voyeurism

They differ from the more prevalent oranges we eat because their flesh, and often the skin, is crimson or deep red in colour.Michelle Darmody: The best time of year to buy blood oranges

The annual Members Exhibition now underway at the Lavit Gallery in Cork features 92 works from 72 artists.The exhibition runs until March 7.Under the hammer: Your guide to upcoming auctions

There’s an oriental theme at the James Adam ‘At Home’ auction in Dublin, says Des O’SullivanAuctions: Sale full of eastern promise

More From The Irish Examiner