The Employment Minister said some of those made redundant at FG Wilson engineering may have to relocate to find work, on 22 October 2012.
Stephen Farry was outlining some of the measures being taken to help employees who were losing their jobs, these included tailored advice packages and jobs fairs.
The minister referred to opportunities in the food sector, in particular with the Moy Park meat processing company.
"It's not all about dirty jobs," he added.
The UUP's Michael Copeland asked if the minister was confident that that he had correct figures for NEETS (young people not in education, employment or training).
The minister said he was confident of the official figures, which stood in the high 40,000s in Northern Ireland.
The Enterprise Minister welcomed proposals to extend the Waterfront Hall in Belfast to improve its conference facilities.
Arlene Foster commended Belfast City Council for coming up with the plan, and said the financial aspects were currently being assessed by her officials.
Alliance MLA Chris Lyttle congratulated the minister on the success of the "NI2012: Our Time, Our Place" campaign.
He asked about the effects of street violence of the tourism industry.
Mrs Foster said it was disappointing that street violence was reported right around the world.