Wednesday, January 31, 2007

SIDNEY FRANK DOES IT AGAIN

Irish-owned Cooley Distillery saw profits rise 20% in 2006, helped largely by the successful launch of the “Michael Collins” Irish whiskey brand in the U.S. (imported by Sidney Frank).

Profits reached about $2.1 million last year, with sales increasing 10% and volumes rising from 180,000 cases to 210,000 cases. According to Adam’s Handbook, Irish whiskey volumes were up 10% in the U.S. last year – and the growth is expected to continue.