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24 Clare companies in top 1,000 poll

This article is from page 2 of the 2007-06-19 edition of The Clare People. OCR mistakes are to be expected so download the original SWF or the rendered page 2 JPG

THE Ennis-based company, Mangan Brothers Wholesalers, is once again the top locally owned company in Clare according to a new survey.

Mangan Brothers, measured in terms of business size, 1s one of 24 Clare-based companies listed in Ire- land’s top 1,000 companies.

The company came in at 219 on the list with a turnover of €192 mil- lion to the end of 2005 while Cement Roadstone Holdings (CRH) was once again the top ranked company with a turnover of €18 billion.

Employing 263 people, Mangan

Brothers enjoys a comparatively low profile and has outlets in Galway, Tullamore, Sligo and Letterkenny. Its headquarters are located at Ashline on Ennis’s Kilrush Road.

It was one of only four locally owned companies in the 24 firms featured in the survey.

The top Clare-based multi-national is Tyco Electronics in Shannon with a €1 billion turnover to the end of September 2005 and 285 Clare em- ployees.

Tyco Electronics is one of 13 com- panies based in the Shannon Free Zone that feature in the survey.

The next largest firm in the Shan-

non Free Zone, Element Six — for- merly De Beers — is ranked 198 on the list.

Element Six had a turnover of €214 million in 2005 – a loss of €7 million – and employed 533 people.

Other companies that appeared in the top five included the US-owned computer parts menufacturer Avo- Cone

Avocent had a turnover of €166 million to the end of 2006 including a profit of €36 million. The company employs 170 people.

Molex Ireland was at number six with a turnover of €122 million to the end of June 2006 and a profit of

around €3 million.

Other top ten companies included Roche Ireland with a turnover of €118 million, Enterasys Network with a turnover of €117 million and GE Commercial Services with a €112 million turnover.

Other companies on the list includ- ed: RSA Security Ireland, Shannon Engine Support, Finsa Forest Prod- ucts, Brian McCarthy Contractors Ltd, Whelan Limestone Quarries, Olympus Diagnostica, Clare Marts, EI Electronics, Shannon Aerospace, GE Sensing, Organic Lens, Lynch Hotels, Schwarz Pharma, Microsemi and T Sheils.

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