State agency urged to enter talks to rehire 100 workers
Shannon Development had agreed a sale with Limerick consortium MMDS for the building in Gillogue. The deal was being made on the basis that MMDS would continue the production of cardboard boxes, which was carried out at the site by Fitzpack, before it went into liquidation in February 2004.
But Shannon Development called off the sale after the E3.25 million price tag came under attack. Experts said the property was worth far in excess of what had been agreed.
