Operating profits double at Shannon-based manufacturer

A Shannon-based manufacturing firm last year more than doubled its operating profit to €1.7m.

GE Sensing EMEA is part of the GE corporation and figures just filed with the Companies Office show it recorded an operating profit of €1.73m in the 12 months to the end of December, compared to €688,871 in 2010.

The company, which employs 121 people at its Shannon base, increased revenues by 6% from €47.3m to €50.2m last year.