The Clare Champion Clare news, sport, entertainment and local notes
FIFTY-five Shannon workers are getting an unexpected financial boost after their employers, Mincon Group PLC decided to reward them with payments of €1,000 per year of service up to the end of 2013. The company came to prominence in 2010 as it was behind the drill piece used to make initial contact with the trapped Chilean miners. It recorded a pre-tax profit of over €13 million in 2012. Commenting on the move, Paddy Purcell, who founded the Mincon Group with his wife, Mary in 1977, said; “It is a testament to the hard work and dedication of the Mincon Group employees that it has grown from its origins in Shannon into the international business it is today, with operations in Europe, Africa, the Americas and Australasia and with its securities quoted on the ESM and AIM.” Mr Purcell and Kevin Barry, Mincon Chief Executive, are providing around €1.2 million from their private funds to fund the award to employees, excluding …
Read More »