Niall Collins
Question:1863. Deputy Niall Collins asked the Minister for Jobs, Enterprise and Innovation the steps she is taking to protect jobs at a company (details supplied); and if she will make a statement on the matter. [24353/16]
View answerFriday, 16 September 2016
Questions (1863, 1885)
Gerry Adams
Question:1885. Deputy Gerry Adams asked the Minister for Jobs, Enterprise and Innovation the amount of funding provided to a company (details supplied) by the IDA or by any other State agency; if she will request that the company make any repayment in view of their decision to close their facility in Dundalk; and if she will make a statement on the matter. [25636/16]
View answerWritten answers
I propose to take Questions Nos. 1863 and 1885 together.
The company in question have to vacate their current premises where they have been tenants. IDA has made very significant efforts to ensure that the company found alternative accommodation. In the course of its research, the company visited a range of potential premises, including facilities in Dundalk and elsewhere in the region, but unfortunately the company decided to close its operations and not move to a new location. You will appreciate that the final decision in such cases is made by the company in what they see as the wider interests of their business.
IDA Ireland has been particularly successful in attracting new projects to Dundalk over recent years with a very significant number of new jobs now located there. One of those new companies has in fact announced expansion plans to utilise the space to be vacated by the company which is ceasing operations and this is a very welcome development. Of course IDA will continue to promote Dundalk generally for future investment by existing and new companies.
In terms of State grant support for this company in Dundalk, IDA Ireland has paid total grant support to date of €846,800, all of which is repayable in the event of closure.