Around 50 jobs could be created at a Co Armagh bakery after a US firm acquired a significant stake in the business.
Craigavon-based bakery Evron Foods Group is set for a major expansion after confirmation Oklahoma-based Bama Companies Inc bought a large stake in the company.
The deal will help see plans for a new 45,000 sq ft production facility in Craigavon fast-tracked, allowing for the creation of the new jobs.
CEO of Bama Companies Inc, Paula Marshall said the company is delighted to make this strategic investment in Evron Foods Group.
“Evron share our ethos of investment in people, quality and innovation,” said Ms Marshall.
“Working with the existing management team we have ambitious plans for the continued success of the company including expansion of the customer base, product range and manufacturing facilities in Craigavon and Pontypool.”
Evron Foods has been trading for 35 years and operates from two locations at Carn Industrial Estate in Craigavon and Pontypool, Wales.
The business, which has an annual turnover of £49m and employs a total of 360 people, with markets in the UK, Ireland, Europe, USA and the Middle East.