Enterprise Minister announces United Dairy Farmers’ investment in innovation
Enterprise Minister Arlene Foster today announced a £495,000 investment in research and development by United Dairy Farmers.
Invest Northern Ireland has offered United Dairy Farmers over £120,000 to help the firm enhance the profitability of its cheese business by developing new product streams for the whey by-products produced at its Dromona cheddar cheese operation in Cookstown. Invest NI’s support is part funded by the European Regional Development Fund (ERDF).
This latest project, which aims to develop other added value human and animal nutritional products, has the potential to further increase the United Group’s export sales by hundreds of thousands of pounds per year.
Arlene Foster said: “This investment forms an important part of the Group’s business development strategy and will help it to generate additional revenue from its Dromona cheese manufacturing operation.
“As Northern Ireland’s largest manufacturing industry, it is vital for food and drink companies such as United Dairy Farmers to remain internationally competitive. Invest NI’s support with this innovative project will help the Group to exploit new market opportunities by adding to its already extensive product range.
“United Dairy Farmers has a clear strategy in place for continued growth and has demonstrated an export focused mindset which is necessary for Northern Ireland businesses to prosper.”
David Dobbin, Group Chief Executive of United Dairy Farmers, said: “Our aim is to deliver the maximum added value possible from our cheese and whey processing operation, exploiting the latest processing and nutrition know how to achieve best in class performance along our total dairy supply chain. This investment will help to further improve our productivity and competitiveness in the international markets we operate in.
“By developing added value food ingredients from whey by-products which previously were regarded as low value waste we can boost our sales and generate better returns for our co-operative and its farmer members.”