Hundreds of workers held industrial action for the last two days over plans to outsource 17 positions in the plant's stores division.
But it is understood proposals have now been agreed at talks between management and union representatives at the Workplace Relations Commission.
If the proposals get the green light, production at Coolock could resume today.
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Get a Business Account for you and your team