On 8 July 2004, Modus Media announced the closure of its Dublin print plant at Clonshaugh Industrial Estate, Coolock. The plant ceased production at the end of July with the loss of 167 jobs.
According to the company, this decision was based on economic factors and the continuing downturn in the printing market, in particular, the technical publications sector. The company states that this has resulted in an unsustainable operation and the company is taking action to de-invest in this sector.
FÁS has previously been in contact with the company and made its full range of support services available to the workers. These supports include skills analysis, job placement, guidance and counselling interviews, identification of training needs and suitable training courses. I am advised that, already, some 40% of the workplace has found alternative employment. In addition, IDA is currently examining alternative possibilities for the site.