Instrotec, a 25-year-old specialist electrical and instrumentation contractor that supports more than 400 jobs, has been rescued after a scheme of arrangement was approved in the High Court on Thursday. A meeting of creditors held on August 6 in the Grand Canal Hotel in Dublin saw strong support for the multi-faceted plan presented by company examiner, Joe Walsh of JW Walsh Accounts. Westport-headquartered Instrotec works on complex projects such as data centres, semiconductor and pharmaceutical facilities, as well as oil and gas plants in Ireland and Europe. It employs 294 people directly and 107 agency staff. On May 1, the…

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