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The Sunday Business Post today reported that the Irish Dairy Board has announced plans to create 50 new jobs in Cork as it reported a five per cent rise in turnover last year to €2.1 billion on the back of record sales of Kerrygold butter.

The food exporter, which plans to invest €30 million in a new 50,000-tonne capacity butter production and packing facility in Michelstown, said its operating surplus rose 25 per cent to €25.8 million. Pre-tax profit rose 87 per cent to €12.2 million.

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