O’Dwyer Steel Placed into Receivership

O’Dwyer’s Steel, one of Tipperary’s and Ireland’s best known suppliers of structural steel and farm buildings, has been placed in receivership after more than 50 years in business.  The business in Dundrum employs 48 people between direct employees and subcontractors, supplying structural steel and cladding, supplying structural steel and cladding to the agricultural and industrial sectors.  The company was forced into receivership by a combination of bad debts that occured in the industrial/commercial sector and a significant decline in business.

Mr Tom Doheney, of Deloitte & Touche, Limerick, has been appointed as receiver and manager.  He is attempting to dispose of the business and is actively seeking an investor to revive the companies future.  In recent years, O’Dwyers Steel was involved in some major sporting projects such as the viewing stands at both Thomand Park and Semple Stadium, as well as creating scaled down versions of farm buildings at the City Farm at Dublin Zoo.  It is understood that the majority of the company’s current projects will be completed.

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