It was announced today that Irish Agtech company TERRA NutriTECH will invest €2 towards towards Research and Development, global expansion plans and the doubling of their workforce by 2021.
TERRA NutriTECH is based in Moone, Co. Kildare and specialises in precision liquid supplementation for livestock delivered through water systems on farms, the family run company now have a five percent penetration within the Irish Dairy Mineral Market.
The innovative technologies were developed by brothers Tom and Padraig Hennessy who founded the company in 2012. Farmers are the beneficiaries of their product design with important elements being the accurate delivery of supplements, elimination of waste and labour reduction which leads to improved herd health and higher farm profitability.
The company are currently in negotiations with leading nutrition and supplement companies in USA, South Africa, New Zealand, Germany and France.
Commenting on the expansion, Founder of TERRA NutriTECH, Padraig Hennessey said, "It is fantastic for us to see the opening of our new head office to accommodate our growing team. We now employ 15 staff members, having begun with just four in 2016. We anticipate our team to double by 2021 and look forward to the future and breaking into the global market."
Source: www.businessworld.ie