Going concern hope for IFI plants

TÁNAISTE Mary Harney says she’s hopeful a liquidator will be able to sell off some of IFI’s plants as going concerns and thus save the jobs of some of the 620 workers who were to be made redundant.

The Tánaiste made the comment during a meeting with union leaders yesterday.

She also informed them that IFI’s two shareholders, the Government and British multinational ICI, would if necessary put extra money at the disposal of the liquidator to ensure adequate redundancy packages for those laid off at the Cork, Arklow and Belfast plants.