February 18, 2013
Moy Park may invest in Grantham food processing site
Plans for a major GBP20 million (US$31 million) investment in its Grantham food processing site was announced by Moy Park.
The proposed investment will see a new state-of-the-art convenience foods facility being built within the company's Grantham site. Plans for the new facility at Grantham would see capacity increase by over 25%, using environmentally-friendly, state-of-the-art technology.
Executive director for convenience foods and new business Tony O'Neill said, "This investment will help us increase capacity and develop new and innovative products under both our own brand and for our customers in the UK retail and foodservice sectors. It is proposed that the initial stages of the new development at the Grantham site would be operational for the summer season."
CEO Nigel Dunlop said, "This proposed new development will transform our Grantham site into one of the most efficient state-of-the-art operations of its kind in the UK and Europe. It will allow us to continue to successfully grow in line with market opportunities and develop our convenience foods division. In order to further enhance our innovation and customer service, strengthen our competitive position and build upon our success in this sector, we plan to consolidate our Grantham and Wisbech convenience foods operations to deliver a more streamlined structure for the business."
