asked the Minister for Industry and Commerce the names of the firms in respect of which new industries grants were paid by An Foras Tionscal or the Industrial Development Authority and which have ceased production; and the amount of the grant paid in each case.
Ceisteanna—Questions. Oral Answers. - Industrial Grants.
51.
The particulars requested are in a statement which I propose with your permission, a Cheann Comhairle, to circulate with the Official Report. The statement shows separately grant-aided firms which ceased production but were subsequently taken over by other industrial undertakings which are in production, and firms where production has ceased.
Following is the statement:—
32 Grant-aided firms which ceased production.
A. 21 Firms which ceased production but were taken over by other industrial undertakings which are in production.
B. 11 Factories which are still closed.
|
A.Name of Firm |
Year Grant Approved |
Total amount of Grant Paid |
|
£ |
||
|
Moulded Products Ltd., Tralee |
1953-54 |
22,500 |
|
Atlantic Fish Ltd., Killybegs |
1956-57 |
59,000 |
|
N. W. Robbie & Co. Ltd., Ennis |
1958-59 |
66,500 |
|
Sligo Spinning Co. Ltd. |
1954-55 |
120,000 |
|
Edelweiss Dairy Products, Wexford |
1959-60 |
105,443 |
|
J. Colquhoun & Co. Ltd., St. Johnston |
1959-60 |
5,000 |
|
Irish Diamond Co. Ltd., Ennis |
1960-61 |
49,640 |
|
Tefset Carpets Ltd., Dunmanway |
1960-61 |
20,400 |
|
Arco Clothing Ltd., Ennis |
1962-63 |
22,500 |
|
GEC of Ireland Ltd., Dundalk |
1962-63 |
341,000 |
|
Montana Steel Ltd., Dublin |
1961-62 |
113,000 |
|
Duplex Rubber Co. Ltd., Ballina |
1955-56 |
6,000 |
|
Donnelly Dublin Ltd. |
1960-61 |
100,000 |
|
Philips Electrical (Ireland) Ltd., Dublin |
1962-63 |
176,500 (c) |
|
J. Bruton & Sons Ltd., Tuam |
1956-57 |
67,500 |
|
Co. Clare Sportswear Ltd., Ennis |
1965-66 |
4,770 (d) |
|
Finsbury Manufacturing Co. Ltd., Oughterard |
1957-58 |
10,000 |
|
Holdens Synthetic Products, Dublin |
1959-60 |
100,000 |
|
Tipping Gears Ltd., Portumna |
1954-55 |
22,000 |
|
Combiners Ltd., Portumna |
1960-61 |
41,036 |
|
Electra Ltd., Dublin |
1964-65 |
60,000 |
|
B.Name of Firm |
Year Grant Approved |
Total amount of Grant Paid |
|
£ |
||
|
Irish Ceramic Tiles Ltd., Carrigans, Donegal |
1952-53 |
12,000 |
|
Rainbow Plastics Ltd., Dún Laoghaire |
1957-58 |
2,000 (a) |
|
Tailteann Sports Products Ltd., Killorglin |
1955-56 |
5,396 |
|
J. Bird Moyer Co. of Ireland Ltd., Kilsaran, Co. Louth |
1959-60 |
9,000 |
|
Precision Alloys Ltd., Dublin |
1960-61 |
165,000 |
|
Kenway & Co. Ltd., Carrickmacross |
1961-62 |
19,000 |
|
Lentex Cottons Ltd., Portumna |
1958-59 |
1,500 |
|
Kinsale Canners Ltd. |
1957-58 |
32,500 |
|
Ernetex Ltd., Clones |
1959-60 |
83,000 (b) |
|
Tempress Instruments Ltd. |
1961-62 |
30,226 |
|
Potez Aerospace Ltd., Dublin |
1961-62 |
444,850 |
NOTES: (a) Amount of £125 refunded.
(b) Amount of £8,300 refunded.
(c) Amount of £136,500 refunded.
(d) Amount of £2,241 refunded.
Could the Minister indicate what percentage of the total grants given this represents?
Very roughly, the total in respect of closures would be 10 per cent and in respect of closures in which there was no new start-up again in the same premises—that would be the net loss, in other words—it would be about 4 per cent.