Nine quarries owned by the company went under the hammer on Saturday in Dublin.
It appears that jobs at Dan Morrisseys in Carlow are secure following yesterdays auction.
Nine quarries owned by the company went under the hammer yesterday in Dublin but KCLR News understands that the company managed to buy back some of them.
AIB put the lots up for auction after the company went into receivership back in 2014.
Carlow Kilkenny TD John McGuinness says it means that the company remains viable.