Johnson & Perrott to invest €15m
Johnson & Perrott is to invest up to €15m to build a new dealership cluster for its Cork City-based motor dealership division, creating a minimum of 30 new jobs. The company claims this will be the most significant investment in the motor industry in Cork for 10 years.
Currently based at Mahon Point Retail Park and Douglas Road in Cork, with seven car franchises, Johnson & Perrott has acquired 4.3 acres of land on the Bandon Road in Bishopstown, the site of the previous Uponor factory, which closed in 2003.
The company will start construction on a new 14-car showroom, and new car-handover area and workshop facilities for its dual Jaguar Land Rover franchise, immediately followed by an eight-car showroom and workshop facility for its Volvo franchise.
Established in 1810 as a carriage manufacturer, the group also has very successful fleet management and vehicle rental divisions, and in accounts due to be published shortly, records a turnover of €88m for 2016 and a 7pc rise in pre-tax profits for the period to €5.026m.