The Firkin Crane was opened in 1855 in Cork, Ireland as part of the Butter Exchange to weigh firkins, or quarter barrels, of butter. It operated as a butter market until 1924 and then housed a margarine manufacturer until the 1970s. In 1979, the vacant building was purchased by the Irish National Ballet to serve as their new theater. However, in 1980, a fire destroyed the entire structure. Through donations, it was rebuilt and reopened in 1992, and currently houses multiple dance companies in Cork with regular performances.