Former Tralee Beef and Lamb plant to be sold.

The former Tralee Beef and Lamb plant is to be sold by the owners after lying idle for two and a half years. The current owners purchased the Monavalley facility after it dramatically went into receivership in October 2001 leaving farmers three and a half million euro out of pocket. Selling agent`s Lisneys are guiding a price in the region of 2.9 million euro.After the sudden closure of Tralee Beef and Lamb businessmen Haulie Shea and Robert Noonan purchased the factory for a sum in the region of 1.2 million euro with the intention of opening an organic meat plant. However protracted talks with farmers broke down over the issue of a goodwill payment of 800,000 euro and the plans never materialised.The plant has now fallen into disrepair and the 400 square metre service block has been vandalised on a number of occasions. In august 2002 the liquidator Tom Kavanagh announced his intention to bring section 150 proceedings against the directors. This could restrict them from acting as directors of any company for a period of up to five years. Meanwhile the search for a buyer for the three acre site continues.

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