Hammond Lane pays dividend of €30 million after contract ends

The owners of the Hammond Lane Metal Company, which had the contract to clean up the former Irish Steel site at Haulbowline in Co Cork, took a €30 million dividend from the business after the contract ended. Hammond Lane paid a dividend of €30.5milli

9th July, 2011

The owners of the Hammond Lane Metal Company, which had the contract to clean up the former Irish Steel site at Haulbowline in Co Cork, took a €30 million dividend from the business after the contract ended. Hammond Lane paid a dividend of €30.5million for 2009, compared with a €200,000 dividend the previous year.

The recycling and disposal business is owned by the Murphy family, whose Portadown based Clearway Group is one of the biggest...

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