SIX MILLION EURO PROFIT FOR ATHENRY FIRM

Date Published: 09-Dec-2012

THE manufacturing firm C&F Group which has its headquarters in Athenry had a pre-tax profit of 6.3 million Euro last year according to a report in today's "Sunday Business Post".

The business, owned by toolmaker John Flaherty, has grown from a small start-up business that he established in 1989 into a global contract manufacturer which is one of Ireland's largest privately owned businesses.

C&F employs 700 in Ireland and a further 300 around the world with its international plants located in the UK, the Czech Republic, the Philippines and China.

The Atherny company manufacture server racks, computer castings and other products for companies in the technology, refridgeration, air conditioning, auto-motive and green energy industries.

It also owns the car parts firm Iralco, and overall, C&F staff members have increased form 882 to 1,053 with a wages bill of 22.7 million Euro and it paid tax of almost 700,000 Euro in 2011.