Capital Investment Project (supported by Enterprise Ireland)
Mooney Boats Ltd are currently engaged in a capital investment programme which includes the purchase of a 300 Tonne Boat Lifter and manufacturing equipment including plate rollers, welders and sandblasting line aimed at increasing capabilities and efficiencies.
The Capital investment programme will allow the Company to undertake the building of larger vessels which will offer much potential in the export market in particular.
It will also allow the Company to undertake many repair/refurbishment jobs which currently have to be undertaken at Killybegs pier due to the current inability to lift those vessels from the water.
The project will have a knock-on positive impact on the Company’s suppliers many of whom are local, and Irish based. It will also have a positive impact on other local service providers in Killybegs and Donegal in general through increased consumable purchases and increased wage spend in the local economy.
Funding support from Enterprise Ireland will assist the Company to deliver the project in full and within the targeted time-frame. This will ensure that the maximum impact of the project can be achieved.