The Clare Champion Clare news, sport, entertainment and local notes
SUBCONTRACTORS and construction suppliers throughout Clare are owed substantial sums of money following the announcement construction giant Roadbridge is going into receivership, leaving the future of its 630 workforce and a further 1,000 indirect positions in jeopardy. The Limerick-headquartered civil engineering and construction firm, which traded for over half a century, sent shock waves throughout the Mid-West when it requested Bank of Ireland on Friday to appoint Grant Thornton as receivers as result of insurmountable financial challenges. This decision also places a major question mark over when projects like the €58 million Coonagh to Knockalisheen Road will be fully completed following the company’s serious financial difficulties. Residents in South-East Clare are becoming increasingly concerned this unexpected setback will result in years of a delay or may even scupper the project entirely for the foreseeable future. It is understood half of the first phase of this major piece of road infrastructure is properly finished. Concerns had been raised when the company, …
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