An Taoiseach, Enda Kenny T.D. and Minister Simon Coveney T.D. have helped start construction on Arkady Feed Ltd's 110,000 square foot bulk feed store at the Port of Cork's Deep-water berth in Ringaskiddy, Cork.

Arkady Feed Ltd is a leading player in the importation and trading of feedstuffs for the animal feed sector in Ireland. The animal feed sector is a vital link in Ireland’s €8bn agri-food sector. The construction of this new store by Arkady Feed Ltd is a vote of confidence in the animal feed and agri-food sectors by the company. BAM contractors have been awarded the contract to build the facility on behalf of Arkady Feed Ltd.

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Minister Coveney said: "I wish Arkady Feed Ltd every success for their new bulk feed store here in Ringaskiddy, Cork. The dry bulks sector is up 9% for the first 9 months of 2011, according to figures recently published by the IMDO, which shows that this sector is likely to see further growth in the future."

Brendan Keating, CEO of Port of Cork Company said: "The Port of Cork Company is delighted that Arkady Feed Ltd has chosen Ringaskiddy as the location for this significant investment. We are confident that with our unique deep-water port facilities in Ringaskiddy we can help and support Arkady as they expand their business. In offering our full support we commit to working with Arkady Feed Ltd in the achievement of growth."

(CD)