PANELTO FOODS, LONGFORD, IRELAND
Project Description:
R&D initiatives in this company are co-funded by the European Regional Development Fund and Enterprise Ireland under the Border, Midland and Western Regional Operational Programme 2014-2020.
Aims: To develop new products/processes aimed at establishing/ increasing R&D activity which will drive future company development.
Results: New products/processes were successfully developed. As a result, several new products were launched into an existing market. It has also contributed to the Company’s understanding of its chosen growth strategy.
Capital initiatives in this company are co-funded by the European Regional Development Fund and Enterprise Ireland under the Border, Midland and Western Regional Operational Programme 2014-2020.
Aims: To make a significant investment in new equipment and technology in order to realise productivity gains.
Results: Increased productivity and competitiveness was achieved as a result of this investment which is consistent with the Company’s drive for sustainable growth.
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Key Managers are co-funded in this company by the European Regional Development Fund and Enterprise Ireland under the Border, Midland and Western Regional Operational Programme 2014-2020.
Aims: To recruit Key Managers who will bring skills into the company that are critical to future growth.
Results: The Key Managers commenced employment and are contributing to improvements in company productivity and to changes in output to meet defined market requirements.
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Capital initiatives in this company are co-funded in this company by the European Regional Development Fund and Enterprise Ireland under the Border, Midland and Western Regional Operational Programme 2014-2020.
Aims: An expansion of its current manufacturing facility in Longford to include the addition of a complete advanced manufacturing line.
Results: The construction of the new facility and successful installation of plant was completed in August 2018, with new product scheduled to be produced from September 2018.