Officials from the Department of Employment and Learning will offer advice clinics to employees affected by job losses at FG Wilson, the employment minister said on 17 September 2012.
The engineering company announced it was laying off 760 staff and moving some of its work to China.
FG Wilson currently employs more than 3,000 people. It is one of NI's biggest manufacturers and has four plants in Northern Ireland - in Larne, Monkstown and two in west Belfast.
Stephen Farry said he wanted to express "sympathy and solidarity with the workers facing redundancy".
He said his officials would work with the Redundancy Advisory Service in order to provide employees with information and advice on options and support available to them including benefits, employment and further training.
Mr Farry said those affected by job losses would have "high technical skills, good employability skills and a wealth of experience".
He added that Northern Regional College, along with Belfast Metropolitan College, was offering to conduct a skills audit of individual members of staff at FG Wilson in order to identify skills gaps, offer retraining and match them with potential jobs.
The employment minister said he acknowledged Northern Ireland had a "serious problem with unemployment".
However, he added that Northern Ireland retained a significant manufacturing presence and said he believed this could be increased further if corporation tax was reduced to 12.5%.