Longford brothers Mike (53), Pat (56) and Billy (58) Glennon are the biggest private timber providers in this country and in Scotland. Profits at Glennon Brothers dipped in 2015, according to the latest company filings, from 6.9m to 5.1m, despite turnover increasing from 124m to 127m. Cost of sales jumped from 90m to 96m.
Accumulated profits at the firm amount to 71m. With sites in Longford, Fermoy and Arklow as well as Edinburgh and Troon in Scotland, the timber-processing firm employs 370 staff. Earlier this year, the firm invested 13m in its Fermoy plant. The brothers splashed out more than 1m on Carriglas Manor, which developers had planned to turn into a luxury resort before the downturn hit. The site was to include over 300 homes, an estate village, a retirement village, a hotel and a golf course.