Mincon Seeks Stock Market Floatation

A Shannon-based company is hoping that it’s plans to float on the stock exchanges of Dublin and London will hlp grow the firm, and give a shot in the arm to the Midwest’s economy.

The Mincon Group have been operating in the region since 1977 and it’s hoped that admission to the ESM and AIM will generate 50 million euro to expand the business further.

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The rock drilling engineering company has facilities in Ireland, the USA and Australia and provided the drilling device which first located the 33 trapped miners in Chile in 2010.