Ballymoney based food development firm secures export deal following growth investment
The Good Food & Wine Company, a Ballymoney-based food development
business, is investing over ?200,000 in jobs and innovation with
support from Invest Northern Ireland.
As part of its growth and development, the award winning artisan
food producer has recruited six additional sales and production
staff and plans to double its current product portfolio to meet
the current and future demand from its customers.
Commenting on its investment, co-founders Nicholas & Michelle Lestassaid: "This investment forms part of our long term growth strategy, which involves bringing new product development in-house and furtherexpanding our products line, to build on success to date.
Encouragingly, we secured a ?20,000 order for our hampers in the
Republic of Ireland recently and are positioned to meet this
increase in sales with our six new sales and production staff."
The Good Food & Wine Company is benefiting from an employment grant of ?18,000 from Invest NI, as well as over ?44,000 of assistance,
part funded by the European Regional Development Fund, towards its
R&D activities.
"Invest NI has supported us since the very beginning and our productdevelopment and recruitment activities planned over the coming
months will help us to differentiate ourselves in an increasingly
competitive market," adds Michelle.
The Good Food & Wine Company targets the gourmet food market, with
an emphasis on value for money at that end of the market, and will bedeveloping new, complimentary products including cooking/dipping
oils, confit, flavoured salts, chutneys and further fruit based
drinks.
Des Gartland, Invest NI's North West Regional Manager, said: "This
is a highly innovative and export focused young business with an
ambitious strategy to double its product range over the next three
years.
"The Good Food and Wine Company has benefited from a range of
support and technical assistance towards its development activities over the years. Its e-commerce website in particular is helping to
generate valuable international sales. This latest investment will
help to enhance the firm's brand and increase its market share
among food retailers and the food service sector across the UK,
Republic of Ireland and beyond."
business, is investing over ?200,000 in jobs and innovation with
support from Invest Northern Ireland.
As part of its growth and development, the award winning artisan
food producer has recruited six additional sales and production
staff and plans to double its current product portfolio to meet
the current and future demand from its customers.
Commenting on its investment, co-founders Nicholas & Michelle Lestassaid: "This investment forms part of our long term growth strategy, which involves bringing new product development in-house and furtherexpanding our products line, to build on success to date.
Encouragingly, we secured a ?20,000 order for our hampers in the
Republic of Ireland recently and are positioned to meet this
increase in sales with our six new sales and production staff."
The Good Food & Wine Company is benefiting from an employment grant of ?18,000 from Invest NI, as well as over ?44,000 of assistance,
part funded by the European Regional Development Fund, towards its
R&D activities.
"Invest NI has supported us since the very beginning and our productdevelopment and recruitment activities planned over the coming
months will help us to differentiate ourselves in an increasingly
competitive market," adds Michelle.
The Good Food & Wine Company targets the gourmet food market, with
an emphasis on value for money at that end of the market, and will bedeveloping new, complimentary products including cooking/dipping
oils, confit, flavoured salts, chutneys and further fruit based
drinks.
Des Gartland, Invest NI's North West Regional Manager, said: "This
is a highly innovative and export focused young business with an
ambitious strategy to double its product range over the next three
years.
"The Good Food and Wine Company has benefited from a range of
support and technical assistance towards its development activities over the years. Its e-commerce website in particular is helping to
generate valuable international sales. This latest investment will
help to enhance the firm's brand and increase its market share
among food retailers and the food service sector across the UK,
Republic of Ireland and beyond."