Jamont plans £5m investment to update plant
PAPER products' manufacturer Jamont Ireland plans to invest £5.2 million in upgrading its factories in Dublin and Larne, Co Antrim.
The money will be spent on new technology for both plants and provide long term job security for the company's 350 employees, according to Jamont Ireland's managing director, Mr Des Scott.
Jamont, which makes a wide range of paper tissue and towel products, had sales of £50 million in Ireland last year. The company owns a number of successful brands and also produces own label brands for supermarkets.
About £3.1 million will be spent at the company's Dublin plant in Finglas on new technology for toilet paper manufacture and wrapping and packing equipment. The remainder will be invested in Larne, of which just over £1 million will be spent on a new waste disposal plant.
"This investment package now ensures our continued growth and development into the next century," Mr Scott said. Approval for the investment was secured against stiff European competition from other companies within the Jamont group, he added.
Last year, Jamont Ireland's sales topped £50 million for the first time, after a 4 per cent growth in volume turnover and an 11 per cent jump in value growth.
Its flagship brand Kitten soft, which enjoyed sales growth of 2 per cent during 1995, was relaunched last September with a major advertising campaign based around the slogan "The Big Irish Softie".