ATHENRY’S CF TOOLING TO MEET IRALCO WORKERS

Date Published: 08-Aug-2008

Athenry manufacturing company CF Tooling will this weekend meet the workforce of the Westmeath company it’s buying

CF Tooling, which employs over 900 people worldwide, is to give a presentation to the 400 strong Iralco workforce at the plant in Collinstown Co Westmeath

Iralco produces components for some of Europe’s best-known car manufacturers, including Audi, BMW, Ford, Seat, Volvo and Jaguar.

It went into liquidation in April, despite having plenty of orders on its books.

Just over a week ago CF Tooling conditionally agreed to purchase the business.

Liquidator John McStay said the agreement lays the foundation to secure the majority of the 400 Westmeath jobs.

CF Tooling, a specialist tool-design and manufacturing company, was established by Michael Carr and Johnny Flaherty in 1989.