Major investment for Irish seafood company. Business is going well for the family-run Louth seafood company, Morgan’s Fine Fish, which has just completed a €270,000 investment aimed at making it more energy efficient and competitive in what is an increasingly tough market.
The 163 year-old company, believed to the the oldest seafood business in the country, received funding of almost €100,000 from the Brexit Processing Capital Support Scheme, implemented by BIM, Ireland’s seafood development agency.
Gillian Morgan, Sales Manager of the Omeath-based firm, said the efficiencies the company has achieved thanks to the Brexit Processing Capital Support Scheme will help it compete on a level playing field with international competition.
“We are now using premium technology to offer fresh or frozen fish products to the market. The investments we have made with the support of BIM will futureproof the company and help us remain competitive and to deliver new products.” she said,
One of the Brexit Process Capital Support Scheme grants supported Morgan’s in introducing solar panels and replacing a 20-year-old refrigeration system to make it more energy efficient.
The company also availed of funding to invest in state-of-the-art technology to maximise the use of white fish landings, and develop value-added products for the European market place.
Photo: Gillian Morgan of Morgan’s Fine Fish