Donegal plant to shed 55 jobs

An electronic firm, which manufactures printed circuit boards in Co Donegal, is set to shed 55 jobs.

The redundancies at Canadian firm SMTC`s Gweedore Industrial Estate plant will come into effect on October 25.

The disappointing news counters Wednesday's announcement by Tanaiste Mary Harney that US eyewear manufacturer Oakley Inc is to create over 100 new jobs in Co Westmeath.

Oakley made the announcement following the company's decision to establish a new prescription eyewear facility in the area.

Oakley will locate the facility in a new 10,000 sq ft building at Clonmore Industrial Estate in Mullingar, the recruitment for which has already started.


Related Northern Ireland Business News Stories
Click here for the latest headlines.

07 March 2019
New Terex Facility Brings 100 Jobs To L'Derry
Global company Terex has announced plans to build a new manufacturing facility in L'Derry, adding to its eight other sites in Northern Ireland and bringing 100 jobs to the area.
12 March 2009
German Airline Deal Takes Off For Bombardier
A local aircraft manufacturer is flying high today with news of a major international contract - which is also boosting jobs.
20 January 2006
Optimum Real Estate 'move in' on NI estate agencies
An internet-based estate agency for Northern Ireland homeowners is currently offering flat-rate fees, promising savings for people selling their home.
20 June 2011
BBC's Formula One 'Heading For Pits'
With programming costing a huge £1 per viewer, the BBC may be forced to drop its Formula One (F1) motor racing coverage. The BBC must make savings and the £60m a year F1 costs - or £3m for each race - it is the most expensive programme being broadcast.
15 May 2002
News Corp reveals multi-billion pound write down
Rupert Murdoch's global media network News Corporation has announced a profits gain in the third quarter, but had to write down a massive £2.74 billion investment in the Australia-based Gemstar television during the same period.