€5m expansion plans with Martin O’Neill
Key customers, suppliers and local TD’s were also present to hear the exciting plans announced.Republic of Ireland manager, Martin O’Neill, was at the company’s County Monaghan plant today for the announcement of the multi-million expansion.“Celtic Pure has been a great sponsor for the FAI and the senior international men’s team,” said the Ireland boss.“I have been impressed by what I’ve seen here today, and I would like wish CEO Padraig McEneaney and his staff every success in their future endeavours.”
The Celtic Pure plant, located on the outskirts of Corcreagh in Monaghan, will create up to 60 new jobs during the construction phase of the expansion, as well as securing the future for the 50 people currently employed at the facility.Chief Executive of Celtic Pure, Padraig McEneaney said. ‘The investment in our facilities will further create 25 + new jobs, increase our annual production capacity by 65% and see our annual turnover rise twofold by 2017. Our target is to bring the business to the stage where we can target sales of€18 million to €20 million.’‘We’ve come a long way since 2000, with only two employees, supplying local customers with water in 5 litre drums. This investment is a tremendous vote of confidence in our staff who have produced and sold record volumes of bottled water last year, in Ireland and worldwide via indirect exportation to China, United Arab Emirates, USA and Australia,’ he added.
The new development will commence construction on 12 acres of adjoining land to the current premises in May of this year. The state of the art 6,600 sq m warehouse will house a technologically advanced management and tracking system, new bottling lines and additional office space for the company’s expanding workforce.
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A Key Manager has been co-funded in this company by the European Regional Development Fund and Enterprise Ireland under the Border, Midland and Western Regional Operational Programme 2014-2020. Aims: To recruit a Key Manager who will bring skills into the company that are critical to future growth. Results: The Key Manager commenced employment and is contributing to improvements in company productivity and to changes in output to meet defined market requirements. R&D initiatives in this company are co-funded by the European Regional Development Fund and Enterprise Ireland under the Border, Midland and Western Regional Operational Programme 2014-2020. Aim: To develop a range of new products and processes aimed at establishing R&D activity which will drive company development. Result: A range of new products and processes were successfully developed. As a result, five were launched into new and existing markets. Project Description: Capital initiatives in this company are co-funded by the European Regional Development Fund and Enterprise Ireland under the Border, Midland and Western Regional Operational Programme 2014-2020. Aims: To purchase physical assets. Results: Increased productivity and competitiveness was achieved as a result of this investment.