Niche investment firm One51 to spend €8m on upgrade of Cork facility

Niche investment firm, One51 is to invest €8 million in majorly upgrading its plastic products manufacturing facility at Little Island and plans to expand its existing manufacturing facility in China.

The Dublin-based plastics and environmental services-focused group is looking to develop a state-of-the-art food grade manufacturing facility at the Cork home of subsidiary firm, Protech Plastics.

The move will enable the company to produce innovative packaging products for Irish food producers.