Menu
02/09/2003
Carpets International to axe 140 jobs
A leading UK textile company has announced it is to lay off 140 people at its two Northern Ireland factories.
Bradford-based Carpets International, which went into receivership last month, announced yesterday it was to make 92 redundancies in Killinchy and 48 at Donaghadee as part of a UK-wide redundancy scheme.
However this figure is far short of what was predicted last month when the company revealed that up to 430 jobs could go because of heavy competition from imports and falling demand in the UK.
In a statement on Monday, the receivers, PricewaterhouseCoopers, said the company's order book and financial position could "no longer support existing manning levels".
Britain's largest carpet manufacturer, Carpets International trades under the Kosset, Wilton Royal and Abingdon brands.
The company acquired its Killinchy operation from Northern Ireland Spinners in 1999 while the Donaghadee factory was purchased under the CV Carpets acquisition by Shaw Industries in 1985.
(MB)
Bradford-based Carpets International, which went into receivership last month, announced yesterday it was to make 92 redundancies in Killinchy and 48 at Donaghadee as part of a UK-wide redundancy scheme.
However this figure is far short of what was predicted last month when the company revealed that up to 430 jobs could go because of heavy competition from imports and falling demand in the UK.
In a statement on Monday, the receivers, PricewaterhouseCoopers, said the company's order book and financial position could "no longer support existing manning levels".
Britain's largest carpet manufacturer, Carpets International trades under the Kosset, Wilton Royal and Abingdon brands.
The company acquired its Killinchy operation from Northern Ireland Spinners in 1999 while the Donaghadee factory was purchased under the CV Carpets acquisition by Shaw Industries in 1985.
(MB)
Related Northern Ireland News Stories
Click here for the latest headlines.
21 February 2024
Irish Govt Commits To Invest €800m In Northern Ireland
The announcement of an €800 million (£685m) investment in Northern Ireland by the Irish Government has been welcomed as a "significant contribution" by Finance Minister, Dr Caoimhe Archibald MLA.
Irish Govt Commits To Invest €800m In Northern Ireland
The announcement of an €800 million (£685m) investment in Northern Ireland by the Irish Government has been welcomed as a "significant contribution" by Finance Minister, Dr Caoimhe Archibald MLA.
08 February 2024
Online Business Ideas Gaining Traction In Northern Ireland
Are you looking for a new business venture that can be operated from the comfort of your own home? The rise of the internet has provided countless opportunities to start an online business and reach customers from all over the world.
Online Business Ideas Gaining Traction In Northern Ireland
Are you looking for a new business venture that can be operated from the comfort of your own home? The rise of the internet has provided countless opportunities to start an online business and reach customers from all over the world.
29 January 2024
The Ultimate Guide To Bingo Halls In Northern Ireland
Bingo, a game that has been a staple in Northern Ireland's entertainment scene for decades, continues to capture the hearts of enthusiasts across the region. In recent years, there has been a notable rise in bingo hall attendances, and some attribute this surge to the growing popularity and accessibility of bingo sites.
The Ultimate Guide To Bingo Halls In Northern Ireland
Bingo, a game that has been a staple in Northern Ireland's entertainment scene for decades, continues to capture the hearts of enthusiasts across the region. In recent years, there has been a notable rise in bingo hall attendances, and some attribute this surge to the growing popularity and accessibility of bingo sites.
15 March 2024
NI's 'Unique' Dual Market Access Highlighted To US Business Leaders
Economy Minister, Conor Murphy, has highlighted the "unique trading position" offered by Northern Ireland's dual market access, in his address to a reception of business leaders in Washington, DC.
NI's 'Unique' Dual Market Access Highlighted To US Business Leaders
Economy Minister, Conor Murphy, has highlighted the "unique trading position" offered by Northern Ireland's dual market access, in his address to a reception of business leaders in Washington, DC.
25 September 2003
Carpets International announce 160 job cuts
Northern Ireland textiles firm, Carpets International have announced that around 160 jobs are to go at its plants in Killinchy and Donaghadee. The announcement was made on Wednesday after the company went into receivership last month.
Carpets International announce 160 job cuts
Northern Ireland textiles firm, Carpets International have announced that around 160 jobs are to go at its plants in Killinchy and Donaghadee. The announcement was made on Wednesday after the company went into receivership last month.
-
Northern Ireland WeatherToday:A dry and sunny start but cloud bubbling up with a few showers developing from late morning. Sunny intervals and scattered showers in the afternoon, these could be heavy at times. Maximum temperature 12 °C.Tonight:Remaining cloudy with a few showers continuing through the evening. Some drier, clearer spells in the early hours, before cloud builds and showers turn more persistent towards dawn. Minimum temperature 4 °C.
