Profits at Cork-based Henry Ford & Son double to €3.6m

Based in Cork, the company was founded in 1917 by Henry Ford and was the first location outside the US, selected because his grandfather emigrated from the county. It is the only Ford company left to retain the full title Henry Ford & Son Ltd.

Pre-tax profits at the Irish arm of car-maker Ford last year more than doubled to €3.6m.

New accounts filed by the Cork-based Henry Ford & Son Ltd show that the firm increased its pre-tax profits by 140% from €1.5m to €3.6m as revenues surged by €45.2m or 15.4% from €293.4m to €338.6m.