Business Irish

Sunday 19 November 2017

50 posts to go as milling firm closes

Ralph Riegel

Ralph Riegel

MORE than 50 jobs face the axe at one of Ireland's oldest agri-food firms.

Cork-based millers, Henry Good Ltd, will cease trading from today after joint receivers appointed to the firm last month confirmed that they have been unable to secure a buyer or investor.

The firm, which has been run by the Good family since 1927, ran into financial difficulties last year when a major poultry firm was unable to repay a reported €4m debt. That caused significant problems for the milling firm, which attempted to restructure its operations.

Some workers have been with the firm for almost 40 years. Kinsale Town Council described the decision as "a body blow" for the area.

Irish Independent

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