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11/06/2012
Job Losses At Flair "Major Blow" To Bailieborough
Cavan-Monaghan TD Caoimhghín Ó Caoláin has described the laying off of 50 workers with the liquidation of Flair International Ltd as a major blow to the town of Bailieborough and to the local economy in Co. Cavan.
He said: "The sudden announcement of the closure of Flair, the appointment of a liquidator and the loss of 50 jobs came as a shock on Wednesday, a shock the town of Bailieborough is only now coming to terms with. This is a major blow to the town and to the local economy in Cavan.
"Some of the workers have been with the company from the year it started, 1966, and many have given decades of service. Some younger workers have onerous mortgage repayments to meet.
"I understand that, in common with the 25 workers laid off in January of this year, the workers laid off this week will receive only statutory redundancy, in spite of their long years of service to the company.
"This industry has been a pillar of the local economy for decades. Sadly, the writing was on the wall when the owners of the company in recent years started to ‘out-source’ production in China and import for sale products previously made in Bailieborough. However, the company was still a very significant employer and the knock-on effect in Bailieborough and surrounding areas in terms of ancillary services and spending locally by the workers will be sorely felt."
(CD/GK)
He said: "The sudden announcement of the closure of Flair, the appointment of a liquidator and the loss of 50 jobs came as a shock on Wednesday, a shock the town of Bailieborough is only now coming to terms with. This is a major blow to the town and to the local economy in Cavan.
"Some of the workers have been with the company from the year it started, 1966, and many have given decades of service. Some younger workers have onerous mortgage repayments to meet.
"I understand that, in common with the 25 workers laid off in January of this year, the workers laid off this week will receive only statutory redundancy, in spite of their long years of service to the company.
"This industry has been a pillar of the local economy for decades. Sadly, the writing was on the wall when the owners of the company in recent years started to ‘out-source’ production in China and import for sale products previously made in Bailieborough. However, the company was still a very significant employer and the knock-on effect in Bailieborough and surrounding areas in terms of ancillary services and spending locally by the workers will be sorely felt."
(CD/GK)
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