Warrenpoint export boosts €3.2 million storage expansion
Quinn Cement confirm 10 year deal with Warrenpoint Harbour Commissioners to use the port as a dedicated export hub for the company's Northern Ireland operations. The harbour is to invest €3.2 million on port storage facilities as a result of securing the commitment.
Quinn Cement to boost exports to Britain following Warrenpoint Port deal which will result in a commitment of €3.2 million investment in expanding harbourside storage facilities. Warrenpoint Harbour Authority will build five new silos at the port to allow Quinn Cement boost exports to Britain following a new agreement between the pair.
The cement producer, confirmed last week that Warrenpoint will invest £2.5 million sterling (€3.2 million) in building the storage silos. Quinn Cement will use the port to increase its exports to Britian. The deal between the two is confirmed to run for 10 years. The company is also expanding its storage and distribution centre in Rochester in England. The manufacturer said that work will begin on Warrenpoint facility immediately and should be finished in September. The construction project is expected to employ a minimum of 20 people. Quinn Cement predicted that the increased export capacity should secure existing jobs and create new opportunities at its manufacturing bases in Ballyconnell, Co Cavan and Derrylin, Co Fermanagh. Commenting on the agreement, Liam McCaffrey, chief executive of Quinn Industrial Holding described it as a “very significant” development that would allow it to serve the growing British construction market.
“I believe this is a strong message of confidence for both our organisations, the local economy generally and a clear demonstration of commitment to our customers.” he said. Warrenpoint chief executive, Peter Conway, said that it would consolidate an already excellent business relationship between the harbour and Quinn Cement. Located at the centre of Ireland’s economic corridor, Warrenpoint Port aims to be the preferred location for import and export of goods and thus continue to be a major economic driver for its hinterland.