Food group Greencore has announced the planned closure of the last Irish sugar processing plant at Mallow, with the loss of 300 jobs.
The decision by the former State-owned company follows changes in the EU sugar trading rules that had followed a World Trade Organisation case that had been prompted by complaints from Brazil, Australia and Thailand.
The EU is providing a restructuring fund to Ireland worth €146m - Greencore is claiming 90% and the IFA says it's entitled to 75%.
The Irish Sugar Company dates back to 1926 and was one of the first State-sponsored industries.
Times change, nevertheless the end of the industry is a milestone.