Dáil
‹ Ceisteanna—Questions. Oral Answers. - County Cork Firm. County Cork firm closure
Summary
The Minister confirmed the firm’s imminent closure, attributed it to losses and shrinking markets, and said the IDA was seeking a takeover or replacement industry.
asked the Minister for Industry, Trade, Commerce and Tourism if he is aware of the imminent closure of a firm (details supplied) in County Cork; and the plans he has for the retention of the jobs affected.
Comment on this
I am aware of the imminent closure of the firm in question. I regret this decision, which I understand is due to heavy trading losses in recent years and contraction of demand in the main markets served by the firm's products. The Industrial Development Authority are now actively promoting the factory for a possible takeover or replacement industry.