THIS morning, Aventas Group, the re-named ‘Quinn Group’, is expected to announce a major new investment in Quinn Cement, a subsidiary of Aventas Group.
It is thought to be in the order of €15m.
The briefing will be jointly hosted by Aventas Group CEO, Paul O’Brien, and the managing director of the Group’s Construction Industry Supplies Division, Bernard Farrell.
There is speculation, locally, that today’s announcement has to do with the upgrading of the cement plant.
Last year, the company referred to an investment of €15m, hence the expected attendance of the chief executive to today’s formal launch, Paul O’Brien alongside Mr Farrell, the managing director of the division of which Quinn Cement is part.
The group operates several divisions, among them the glass division which has two modern plants, in Derrylin and Cheshire.
It is the only glass plant in Europe that combines the manufacture and the filling of glass containers under the one roof.
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