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Car-tech firm creates 100 new jobs

A MULTINATIONAL car technology firm will announce the creation of 100 jobs tomorrow.

The Irish Independent has also learned that Galway-based Valeo is to invest an additional €17m in its research and development programme at its Tuam base.

Enterprise Minister Batt O'Keeffe will confirm later this week that recruitment for the high-end jobs will begin immediately, bringing employment at the plant to over 300.

The company, which is headquartered in France, develops and manufactures systems which use cameras to make parking easier by allowing drivers to see on a screen on the dashboard what is behind their car.

Meanwhile, 56 jobs were lost at Celtic Bookmakers -- the business founded by politician-turned-bookie Ivan Yates which is now in receivership -- after 14 shops shut down yesterday. Two had already been closed.

The business collapsed earlier this month, putting 237 jobs in jeopardy, though most of those positions have now been saved.

Receiver Neil Hughes, of Hughes Blake accountants, is selling off 29 viable shops to rival bookies like Paddy Power and Boylesports.

The shops that were shut down yesterday included four in Dublin, six in Munster and four in Connacht.

Irish Independent