Trans­port com­pany cre­ates 50 new jobs with £9m in­vest­ment

Belfast Telegraph - Business Telegraph - - News - BY MAR­GARET CAN­NING

LO­GIS­TICS firm Derry Re­frig­er­ated Trans­port has an­nounced a £9m in­vest­ment in a new fa­cil­ity in Co Ar­magh, with the cre­ation of 50 new jobs.

And the Por­ta­d­own firm also an­nounced the ac­qui­si­tion of Brennan Re­frig­er­ated Trans­port in Wa­ter­ford, adding five lor­ries to its ex­ist­ing fleet of 60.

It’s open­ing up the new site in Por­ta­d­own at Charlestown Road, where it has 200 em­ploy­ees.

The com­pany will be re­lo­cat­ing from its cur­rent premises on Vicarage Road, Por­ta­d­own, but has said it will keep the orig­i­nal premises.

Man­ag­ing di­rec­tor Pa­trick Der- ry said Brexit was not the sole rea­son for the ex­pan­sion.

“Brexit was not a main rea­son in my de­ci­sion mak­ing.

“This in­vest­ment is what is needed in our in­dus­try in the 21st cen­tury. How­ever it will, of course, fu­ture-proof the com­pany go­ing for­ward re­gard­less of the de­ci­sion be­ing made about a hard or soft bor­der.

“At this stage, it is hard to gauge the ex­act de­tail of how Brexit will af­fect our busi­ness.

“There is still so much un­cer- tainty on a way for­ward. How­ever, this new fa­cil­ity will en­sure my cus­tomer base will have tai­lor-made so­lu­tions to fit their plans go­ing for­ward.”

He added: “It is a very ex­cit­ing time at Derry Re­frig­er­ated Trans­port.

“This in­vest­ment will al­low us to build on the plat­form we have es­tab­lished dur­ing our 20 years in the in­dus­try and will en­able us to pro­vide wider and more tai­lored ser­vices to our clients.

“We are de­lighted to be able to cre­ate em­ploy­ment for the lo­cal area once our new hub is com­plete and we are look­ing for­ward to ex­pand­ing fur­ther into the Ir­ish mar­ket.

“Our cus­tomers have been ex­tremely loyal to us since start­ing out 20 years ago with only one lorry and we want to con­tinue to en­hance our re­la­tion­ship by of­fer­ing them some­thing ex­tra.

“We are hope­ful that this re­cent in­vest­ment will es­tab­lish Derry as the go-to re­frig­er­ated trans­port com­pany in Ire­land.”

Mean­while, an Antrim dis­tri­bu­tion com­pany has snapped up a small Ir­ish food firm spe­cial­is­ing in beans, ac­cord­ing to re­ports.

The Sun­day Times re­ported that PRM Group has ac­quired Cool Beans, which was set up by Isolde Moy­lan and Sarah O’con­nor — both em­ploy­ees of busi­ness ad­vi­sory firm EY — in 2013.

PRM Group also owns food brands Fresh Food Kitchen and Gal­berts.

It’s owned by Philip and Lynne Mor­row and spe­cialises in the dis­tri­bu­tion of frozen and chilled foods.

This will al­low us to build on the plat­form we have es­tab­lished dur­ing 20 years in the in­dus­try

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