Flahavan's to invest €1.6m in Waterford mill

Flahavan's has today announced details of its €1.6m investment in its mill in Kilmacthomas, Co Waterford.

To date, €500,000 has been invested with the installation of a dryer and associated grain-handling equipment.

The new installation is capable of drying grain quicker and is more energy efficient.

A further €1.1m investment is to be completed during the next month in new storage units at the mill, which can store up to 4,000 tonnes and are being installed specifically for organic oats.

“This is one of the largest strategic investment plans that we have undertaken at the mill and secures future employment,” Company chairman John Flahavan said.

“Organic is a growing sector of our business accounting for 15% of our sales and we expect that this will increase. We are always trying to encourage Irish farmers to grow organic oats for us to meet the increased demand.”

Flahavan's has been operating in Kilmacthomas, Co Waterford for more than 200 years and has been a source of local employment for six generations. It is one of Ireland’s longest-running family businesses and is now the country’s only remaining oat mill.