Foster welcomes Vion management buy-out
Enterprise Minister Arlene Foster has welcomed confirmation of the management buy-out of the Vion Pork Unit which has a processing operation in Cookstown.
Arlene Foster said: “Today’s announcement is welcome news for the local food processing industry. The management buy-out brings to an end uncertainty over the future of the unit and it will help to safeguard employment in Cookstown and the pig supply chain.
“Vion has an impressive portfolio of quality products and this decision helps to secure the future of one of the best known local food brands. It will also enable management to focus resources on the future development of the business.
“The company makes an important contribution to the Northern Ireland food industry, especially in terms of sales outside Northern Ireland, and in innovative products for customers. I look forward to discussing with the management team their plans to move forward on their investment project which is being supported by Invest Northern Ireland."