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Dáil Éireann díospóireacht -
Tuesday, 9 Jul 1968

Vol. 236 No. 4

Ceisteanna—Questions. Oral Answers. - Taiscí Stáit Loans.

26.

asked the Minister for Finance the total amount allocated by Taiscí Stáit (a) in the last financial year and (b) in the present financial year, giving details of the recipients and purposes of the loans.

As the answer is in the form of a tabular statement, I propose, with your permission, a Cheann Comhairle, to have it circulated with the Official Report.

Following is the statement:

LOANS ISSUED BY TAISCI STÁIT TEORANTA.

(a) Year ended 31st March, 1968.

Recipients

Amounts of Loans Issued (£)

Purposes of Loans

Avongate Milk Products Ltd.

75,000

Towards cost of establishing a factory at Ballyragget, Co. Kilkenny, for the manufacture of skim milk powder.

Carbery Milk Products Ltd.

57,380

Towards cost of establishing a factory at Ballineen, Co. Cork, for the manufacture of cheese, whey powder and skim milk powder.

Douwe Egberts (Ireland) Ltd.

58,250

Towards cost of establishing a factory at Mullingar for the manufacture of pipe tobacco.

Kerry Precision Ball Co. Ltd.

53,000

Towards cost of expansion of a factory at Tralee for the manufacture of precision and semi-precision balls and ball bearing components.

TOTAL

243,630

(b) 1st April, 1968 to 9th July, 1968.

Recipients

Amounts of Loans Issued (£)

Purposes of Loans

Avongate Milk Products Ltd.

24,300

As above

Carbery Milk Products Ltd.

65,500

As above

Douwe Egberts (Ireland) Ltd.

10,000

As above

Potez Aerospace Ltd.

89,400

Towards the development of sub- contract work at Baldonnel for the aircraft industry.

Semperit (Ireland) Ltd.

83,200

Towards cost of establishing a factory at Dublin for the manufacture of tyres and tubes for motor cars and cycles.

TOTAL

272,400

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