The Irish Minister for Agriculture, Food, the Marine and Defence, Simon Coveney, TD, has officially launched Mervue Laboratories’ new nutraceutical facility in Cork.
The opening of the Watergrasshill plant highlights the significant strength and expansion of Mervue Laboratories, which is a market leader in research-based nutraceutical products such as dairy, poultry, pigs, equine, camel, canine and feline nutritional products.
Mervue Laboratories, which exports to over 50 countries world-wide, is the nutritional products division of parent company, Inform Nutrition Ireland, which was established in Whitescross, Cork in 1986.
The stage 1 investment of €2 million will see the creation of 25 full-time jobs over three years where recruitment will be among BSC, Science and Veterinary backgrounds. This will take the company’s total full-time employment to over 75 people by 2017. With a further stage 2 investment of €2 million to begin in January 2017
Officially launching Mervue Laboratories’ Ireland’s new plant in Watergrasshill, Minister Coveney said: “The nutraceutical industry is a very important sector for jobs and growth. Today’s announcement that Mervue Laboratories, an Irish-based global market leader in this sector, is expanding further in Cork with the creation of jobs is a great boost for the city and for the industry. I am determined that we can see further announcements such as this in the future.”
Meanwhile, Minister for European Affairs, Dara Murphy, said: “This €2 million expansion by Mervue Laboratories, a global company with Cork roots, will have a positive economic spin off effect across local businesses in North Cork, as well as, creating excellent career opportunities for young Cork graduates. The growing success of the business, which currently export’s to over 50 countries in Europe and EMEA, will also help IDA and Enterprise Ireland, to showcase Cork as a hub for Nutrition research and attract further, high end, global manufacturing plants here.”
Martin Beirne, technical director of Mervue Laboratories said: “Our rapidly expanding export growth and our robust new product development pipeline have transformed Mervue Laboratories Ireland into one of the fastest-growing nutraceutical companies in the world. We put a very strong emphasis on research and development. We have always been strongly committed to research and development, insisting on GNP facility standards.”
According to William Twomey, Commercial Director, Mervue Laboratories, the announcement further advances the company’s reputation as a world leader in the nutraceutical sector.
“The expansion of Mervue Laboratories Ireland and the addition of new high-skill jobs is great news for Cork and indeed for Ireland. Our main success and expansion are due to responding to our customer needs in our international markets. Our company ethos has always been a collaborative process with our customers around the world. We recognise that working together we can make world leading products.”
Inform Nutrition Ireland Ltd is Ireland’s leading manufacturer of animal nutritional products across the whole range of species, including cattle, calves, sheep, goats, pigs, poultry, horses, racing camels and the pet nutrition sector.