The Cornwall and Isles of Scilly Local Enterprise Partnership (LEP) has welcomed a £16 million investment in Cornwall by Tulip Ltd, creating 250 new jobs.
Tulip employs more than 1,800 people at its operations in Bodmin, Bugle and Redruth and is a leading supplier to major supermarkets of pork, bacon and cooked meat products.
The plan will see Tulip and its owners, Danish Crown Group, make significant investments in de-boning facilities at its Bugle site, which will make it the largest de-boning facility in the country.
As well as the expansion of the Bugle facility, Tulip will be installing a new state of the art air drying and linear curing facility at its Redruth site that will see that business grow by around 40%.
The £16 million investment programme is being part funded with a £4.8 million grant from the Government’s Regional Growth Fund.
LEP chairman, Chris Pomfret, said: “This is one of the biggest inward investments we have seen in recent years, creating hundreds of jobs and safeguarding hundreds more at one of Cornwall’s biggest private sector employers.
“We have worked hard with our partners behind the scenes to secure this investment and are delighted that Danish Crown has chosen Cornwall to expand. It’s another example of why Cornwall is a great place to do business.”
When Cornwall pulls together, it is great to see what we can achieve
Julian German, Cornwall Council’s cabinet member for economy and culture, added: “Today’s announcement from Tulip is very good news for Cornwall and securing this much needed investment has been a real ‘Team Cornwall’ effort.
“I would particularly like to pay tribute to staff from the Council’s economic development company who have worked extremely hard behind the scenes to help bring this project to a successful conclusion. When Cornwall pulls together, it is great to see what we can achieve.”
Tulip’s CEO, Chris Thomas, said: “This is a very exciting time for our business and for Cornwall, when our investment programme has been completed we will have created an additional 250 new jobs, which is fantastic news for the whole region.”
Tulip said that subject to planning consent, it hoped to start work on its expansion plans during the autumn with completion of the project targeted for the first half of 2015.