Kinisla, formerly known as Kerry Dairy Ireland, has announced a €300 million investment over the next five years.
At today’s brand relaunch, chief executive Pat Murphy said the company will invest in areas with the strongest growth potential: nutritional ingredients and milk protein manufacturing.
Management also plans to strengthen its consumer foods snacking division and reduce the company’s carbon footprint.
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Mr Murphy said Kinisla expects to create 100 new jobs within two years, while maintaining a strong milk price for dairy farmers.
