Lisavaird Co-op equipped to process expected 40% rise in dairy output

Lisavaird Co-op is equipped to process its anticipated dairy output increase of 40%, or about 12,000 tonnes of cheese, annually from 2015 onwards, says its chief executive Pat Moriarty.

Farming shareholders in the co-op — which is part of the Carbery group in West Cork along with Drinagh, Bandon and Barryroe — were paid around €750,000 in bonuses during a record 2011.

Lisavaird’s latest published accounts show that the co-op’s sales were up 12% to €58.5m for 2011. In all, its near €860,000 profit from milk was up 38% on the previous year.