Co-op marks centenary with plan to invest €20m in milk processing
Speaking at the launch yesterday in Nenagh, Co Tipperary, of The Story of Arrabawn Co-op by journalist Martin Ryan, Arrabawn chairman Patrick Meskell said the co-op will build significantly on its current €185m annual turnover.
Mr Meskell said the co-op had come a long way from the seeds planted 100 years ago by the founders, who had the vision of generating the maximum return for their labours by controlling operations outside the farm gate and who began by setting up local creameries. “This history acknowledges their work, records their achievements and expresses our gratitude for all they succeeded in doing,” said the Arrabawn chairman. “Today we have a turnover of €185m, with €120m from the dairy division, and €65m from the trading division. We have shareholder funds of €35m. We have 950 milk suppliers who supply us with 248 million litres of milk, and we have 300 staff.
