Dáil Éireann díospóireacht -
Thursday, 4 Jul 1968

Vol. 236 No. 3

Ceisteanna—Questions. Oral Answers. - State-aided Industries.

66.

Mr. Mullen

asked the Minister for Industry and Commerce (a) the names and locations of Irish-controlled industries which were set up within the State during the past ten years and which received State aid, (b) the names and locations of Irish-controlled industries which have been operating prior to and since the formation of the State which received State aid during the last ten years, (c) if he will give details and amounts of the State aid in each case and (d) the names and locations of such firms that have ceased to operate during the past ten years.

67.

Mr. Mullen

asked the Minister for Industry and Commerce if he will state (a) the names and locations of foreign industries which were set up within the State during the past ten years and which received State aid (b) if he will give details and amounts of the State aid in each case and (c) the names and locations of such firms that have ceased to operate during the past ten years.

Mr. Colley

With your permission, a Cheann Comhairle, I propose to take Questions Nos. 66 and 67 together. Particulars of grants paid by An Foras Tionscal are given in the annual reports published by that body. These reports are available in the Library. The reports do not distinguish between Irish controlled and foreign-controlled firms and records are not kept in a form which would make the required information readily available. A fully accurate and up-to-date statement in the matter of control could be made only on the basis of an examination in the Companies Registration Office records of the current shareholding in each grant-aided firm.

As particulars regarding the names of the firms that failed since 1957-58 and their classification between Irish and foreign promotion is in the form of a tabular statement, I propose with your permission, A Cheann Comhairle to have the statement circulated with the Official Report.

Following is the statement:—

AN FORAS TIONSCAL

Grant-Aided Firms which Ceased Production (since 31/3/58)

Name and Location	Amount of Grant Paid	Promotion	Acquired by
	£
1. Rainbow Plastics Ltd. Dún Laoghaire & Omeath	2,000	Irish	—
2. Atlantic Fish Industries Ltd., Killybegs	59,000	Foreign	Bórd Iascaigh Mhara.
3. N.W. Robbie & Co. Ltd., Ennis	66,500	Foreign	Ennis Fabrics Ltd.
4. Tailteann Sports Products Ltd., Killorglin	5,396	Irish	—
5. J. Bird Moyer Co. of Ireland Ltd., Kilsaren, Co. Louth	9,000	Irish/Foreign	—
6. Sligo Spinning Co. Ltd., Sligo	88,000	Irish	S. Lumb & Co.
7. Precision Alloys Ltd., Dublin	165,000	Irish	—
8. Edelweiss Dairy Products Ltd., Wexford	105,443	Foreign	Wexford Creameries Ltd.
9. Kenway & Co. Ltd., Carrickmacross, Co. Monaghan	19,000	Irish	—
10. J. Colquhoun & Co. Ltd., St. Johnston, Co. Donegal	5,000	Irish	—
11. Irish Diamond Co. Ltd., Ennis, Co. Clare	49,640	Foreign	—
12. Combiners Ltd., Portumna, Co. Galway	41,036	Foreign	—
13. G.E.C. of Ireland Ltd., Dunleer and Dundalk	341,000	Foreign	Ecco Ltd.
14. Holden's Synthetic Products Ltd., Dublin	100,000	Irish	—
15. Lentex Cottons Ltd., Portumna	1,500	Irish	—
16. Tefzet Carpets Ltd., Dunmanway	20,400	Foreign	Interhat Ltd.,
17. J. Bruton & Sons Ltd., Tuam	67,500	Foreign	—
18. Arco Clothing Ltd., Ennis	22,500	Foreign	Invertere Coat Co. Ltd.
19. Montana Steel Ltd., Dublin	113,000	Foreign	Associated Merchandise Co. Ltd.
20. Donnelly Ltd., Dublin	100,000	Irish	Clover Meats Ltd.
21. Ernetex Ltd., Clones	83,000	Irish/Foreign	—
22. Tempress Instruments Ltd., Athlone	30,226	Foreign	—
23. Electra Ltd., Dublin	60,000	Foreign	Fiat (Ireland) Ltd.
24. Philips Electrical (Ireland) Ltd., Finglas	176,500	Foreign	—

Summary

24 firms which failed since 1957/58:—

Promoted by Irish interests——	9
,, ,, Irish and foreign interests —	2
,, ,, foreign interests——	13
	—
	24