In December 1997, Seagate Technology Ireland Limited announced its intention to close the company's Clonmel operation in early 1998. A task force was immediately established in response to this announcement. The IDA Ireland focus for the immediate future will clearly be to actively participate with the task force with a view to getting replacement industry as quickly as possible.
From the perspective of winning new overseas investment, I am informed that IDA Ireland is operating a three point strategy. First is the promotion of the Seagate facility and site for one or more new high-tech industries. A brochure has been prepared on the facility and has been circulated to all IDA Ireland overseas offices. Second, in response to the focused promotion of Clonmel generally, there have been six site visits by potential overseas investors to Clonmel in 1998. Two of these were to the Seagate facility and four were to another site in Clonmel. As the Deputy will appreciate, contacts between IDA Ireland and the promoters of potential projects are conducted on a confidential basis and, as such, it would be inappropriate for me to comment on the details of such contacts. Third, IDA Ireland is also focusing on a number of existing overseas companies in the Clonmel area to encourage and support them to expand their operations there.
The task force has adopted a positive and constructive approach and the local management of Seagate are extending support to the employees in seeking alternative employment. IDA Ireland will continue to work closely with the county's local authorities and chambers of commerce in addition to playing a highly active role within the task force.