Horseware owners given go ahead for new house in Blackrock

horseware_irelandHorseware owners Tom and Carol MacGuinness have been granted conditional planning permission to build a new house in Blackrock.

The couple, who live in Dromiskin, have been given the go ahead by Louth County Council to demolish the existing two houses on the beachfront site at Sandymount.

In its place they hope to construct a new two and a half storey house with an amended vehicular and pedestrian access arrangement onto the public road.

Horseware Ireland launch new Dundalk headquarters

The Horseware HQ

The Horseware HQ

Horseware Ireland yesterday launched their new headquarters at the Finnabair Industrial Estate in Dundalk.

Coming 30 years after its establishment and 15 years on from when their factory in Quay Street burnt down, the opening was performed by Minister Kevin Humphreys.

Horseware, which is one of the leading manufacturers of equestrian clothing worldwide, currently employs around 120 people in Dundalk with owner Tom MacGuinness, from Dromiskin, hoping of expanding this in the coming years.

The new facility includes 16,000sq ft of office space and also features a factory shop. All sales, marketing and financial work for the company is carried out here while it is also the base for its European warehousing.

15 years since fire gutted Horseware’s Dundalk factory

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It’s hard to believe it’s more than 15 years since a large fire gutted the Horseware factory on Quay Street.

The business, run by the MacGuinness family from Dromiskin, suffered a huge blow on May 10th 2000 when the factory and its contents burned to the ground.

Thankfully Horseware has rebounded from that and no long term damage or loss of life was sustained.

Fifteen years on though pictures from that day have emerged on the Dundalk Firefighters Facebook page.

They’re worth a look to reminisce about one of the largest fires this town has seen in the last few decades. We’ve picked out a handful but check the rest of them out at www.facebook.com/Firecall999

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Registration open for AIB Start-up Night in Dundalk

AIB in Dundalk

AIB in Dundalk

To register your interest in attending the event, which gets underway at 6pm, please fill out the following form.AIB Start-up Nights are where the startup community gets together. It gives you a chance to mingle with fellow entrepreneurs and hear some of Ireland’s most successful business people speak about their experiences.Guest speakers on the night will be Sonya Lennon (Frockadvisor/Lennon Courtney) and Tom MacGuinness (Horseware Ireland).

If you have any further queries please contact: aibstartupacademy@irishtimes.com

Horseworse seeking investment as they prepare for strategic review of the business

Tom MacGuinness of Horseware

Tom MacGuinness of Horseware

Dundalk-based equine clothing company Horseware is seeking investment of up to €5 million to help it boost its sales across Europe and America.

That’s according to a report in today’s Irish Times.

The newspaper also reports that company founder Tom MacGuinness has also hired accountancy firm Grant Thornton to help it undertake a strategic review of the business.

The Dromiskin man said the review could lead to a merger with another European distributor or even a sale of the business in “three to five years time.”

Horseware, which has an 80,000sq ft factory at the Finnabair Industrial Estate which employs about 120 staff, sells about €33 million worth of horse and rider clothing each year.

MacGuinness (62) told The Irish Times that all interested parties had been consulted about the decision to bring Grant Thornton on board and admitted that he was looking to approach investors with the hope of raising between €3-€5 million.

It is Tom’s hope to bring sales up to the €40m level but he admitted that if he achieved that he would have a decision to make: “Do we continue to grow it, or do well sell it?”

Source: Horseware hires Grant Thornton as part of strategic review (The Irish Times)