Written Answers. - Job Protection.

Billy Timmins

Question:

181 Mr. Timmins asked the Tánaiste and Minister for Enterprise, Trade and Employment if she received proposals from IFI with a viability plan for a stand-alone Arklow plan; if her attention has been drawn to any which were prepared; if her Department ever requested such plans; and if she will make a statement on the matter. [4088/03]

I understand that when the extent of the difficulties facing the company began to emerge, the board and management of IFI considered a very wide range of options for the company which might provide a basis for establishing a viable business going forward, most of which would have entailed the Arklow plant remaining operational. While I was apprised of the company's efforts in this regard, it was not my role to seek plans for particular options, such as the feasibility of having a stand-alone operation at Arklow.

Unfortunately, despite the identification of a number of significant cost savings as part of the efforts made to save the company, it was not possible to establish a basis for a viable future for the company and the board decided that it had no option but to cease trading.