Mayor of Clare Tony Mulcahy has welcomed moves by local management at Element Six to secure a restructuring plan that could save an additional 160 jobs at its Shannon-based manufacturing facility.The proposal, which could result in 240 of 450 jobs at the plant being retained, will involve significant restructuring and adjustment to the cost base at the facility. “I warmly welcome the news that Element Six has given local management its full backing for a new plan, which is aimed at safeguarding jobs at the Shannon facility. The priority for everybody concerned must be to ensure the maximum possible number of jobs are protected”, stated Mayor Mulcahy.
He continued: ”I wish to compliment the Government, through Shannon Development, for the support they have given local management in forming a restructuring plan. The Government’s commitment of providing additional training grants and temporary wage subsidies to support the restructuring plan is a positive step and one that will ease the burden for those workers who will lose their jobs. I now urge company representatives and those workers who are to be made redundant to carefully consider all possible options to secure a satisfactory redundancy package over the coming weeks”.
The Shannon-based Councillor continued: “This announcement will inject confidence among Mid West-based multinationals to continue operating and investing in the region. The decline of the manufacturing sector in County Clare has had a significant impact on the local economy and every effort must be made to restore confidence”.
