A Monaghan-based food processing facility hopes to ramp up production at its site following significant investment from Donegal entrepreneurs.
KFO Ventures, owned by marine entrepreneurs from Killybegs, has invested up to €30 million into food start-up 'Bio-marine Ingredients Ireland'.
BII has a state-of-the-art biorefinery in the Lough Egish Business Park in Castleblayney which produces protein ingredients for food manufactures in Asia.
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The plant, the only one of its kind in Europe, is only operating at around 30% capacity and it's hoped the investment will see the plant at full capacity next year.
