31/07/2008

Mixed Job News In Waterford and Westmeath

There is mixed job news for two Irish manufacturing firms today.

Around 100 jobs are to be cut at Waterford's Honey Turbo Technologies.

Employees have been told that consultation with union representatives - to discuss redundancy plans - will commence soon.

However, it is expected between 85 and 100 jobs could go by the end of the year.

The firm intends to initially offer voluntary redundancies.

Honeywell Turbo Technologies is a leading manufacturer of engine-boosting systems for passenger cars and commercial vehicles.

Meanwhile, in Westmeath, factory jobs look more secure at an automotive parts plant.

Buyers have reportedly been found for the Iralco manufacturing firm in Collinstown.

Trade union Unite has welcomed the news from the official liquidators, which could protect the 420-strong workforce from redundancies as the business should remain a going concern.

The loss of Iralco's €8m annual contribution to the local economy would have dealt the area a hard blow.

Liquidators were appointed in April when the plant closed its doors for one week after discussions with staff.

Iralco has been operating in Ireland since 1964.

(PR)

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