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, including options that would have entailed the Arklow plant remaining operational. Unfortunately, as the Deputy is aware, despite the identification of a number of significant cost savings as part of recent efforts to save the company, it was not possible to establish a basis for a viable future and the board decided that it had no option but to cease trading.