Speculation over 40 jobs in Listowel.

The General Manager of the Imperial Stag Plant in Listowel is refusing to comment on the factories future despite speculation over job losses. American directors visited the factory last week, which employs 40 people. The meeting was described by Manager Matt Woulfe as routine. The factory and adjoining warehouse were recently sold to Property Developer John Moriarty for an undisclosed sum.The factory was subsequently re-leased back to the company owner`s Imperial Shrade. It`s understood the factory may be moved to a site opposite the Kerry Group Co-Op, where a plot of land was recently acquired by Mr Moriarty. However a comment by Deputy Jimmy Deenihan in the Dail questioned the future of the cutlery manufacturing plant.