ATHENRY COMPANY BOASTS 4 MILLION EURO PROFITS

Date Published: 01-Sep-2008

Athenry-based company C&F Tooling had profits of almost 4 million euro last year.The group recently rescued car parts manufacturer, Iralco in Co. Westmeath.Based at Cashla, C&F manufactures products for the I.T, automotive and refrigeration industries, with clients such as IBM and EMC.According to today's Irish Times, the company made pre-tax profits of 3.9 million euro last year, compared with just 180 thousand the previous year.Sales from its Athenry headquarters grew by almost 10 million euro in 2007 to 34 million euro.C&F Tooling is owned by John Flaherty and his wife Christine, while his sister Ella Coffey runs the company's operation in the Czech Republic.