James Bannon (Longford-Westmeath, Fine Gael)
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Question 355: To ask the Minister for Enterprise, Trade and Employment his views on whether the announcement by himself of 140 new jobs for Longford on 9 April 2008 represents a solution to the rapidly rising employment levels in the county, in view of the loss of 162 jobs over the past three weeks, which in effect represents a loss of 22 jobs rather than a gain; and if he will make a statement on the matter. [14668/08]

Micheál Martin (Cork South Central, Fianna Fail)
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State support for enterprise and job creation is channelled through the industrial development agencies. While I may give general policy directives to the agencies, I am precluded under the Acts from giving directives regarding individual undertakings, or from giving preference to one area over others.

The recent job losses in Longford are regretted. However, some level of job losses is inevitable in an open economy such as ours as companies adjust to changing market conditions and different sectors expand and contract.

The enterprise development agencies and FAS have a range of strategies, programmes and financial incentives in place to promote economic development, sustainable employment and skills development throughout the Midlands region. IDA Ireland, Enterprise Ireland, Longford County Enterprise Board and FAS are represented on Longford County Development Board and these agencies work with local representatives and stakeholders in delivering their mandates.

IDA Ireland's strategy for County Longford and the Midlands Region is to progress the development of a knowledge economy; in order that the region can compete both nationally and internationally for foreign direct investment. At present there are 8 IDA supported companies in Longford employing approximately 905 people. Investment like that at Abbott is very significant for Longford. IDA are working with existing clients in the County to identify new areas of opportunity and to expand their presence. The Agency also provides modern property solutions with supporting infrastructure for prospective new investors.

Employment in Enterprise Ireland client companies in Longford has been resilient. Over the past year there has been a 3.2% growth in employment in these companies, which is encouraging. Over the past 10 years employment in Enterprise Ireland clients has grown by 11 % in the County. Recent developments include the announcement of a €30m new investment in C&D Foods and a partnership with Irish Food Processors that is expected to open up new markets for the company. HT Moulding were supported by Enterprise Ireland as a high potential start-up company and now operate out of a new 20,000 sq ft purpose built factory in Longford.

I am confident that the commitment by the agencies, in collaboration with local educational institutes and utility providers, together with the roll out of commitments under the NDP will bring sustainable investment and jobs to the County.