EMCC European Monitoring Centre on Change

ABB

Company/Organisation:
ABB

Geographic Location

Country: Ireland
Region: South-East (IRL); Southern and Eastern
Location of affected unit(s): Waterford

Company

Sector: Manufacturing
Manufacture of electrical equipment
27 - Manufacture of electrical equipment
Number Employed: 178
Group: ABB (Switzerland/Sweden)

Employment Effects

Announcement Date: 25-06-2009
Planned Job Reductions min: 178
Planned Job Reductions max: 178
Type of Restructuring: Closure
Foreseen End Date: 31-03-2010
Direct Dismissals: 178

Additional Information

Electrical components manufacturer ABB has announced 178 redundancies due to the closure of its Waterford factory. The plant, which manufactures distribution transformers for the construction and utility markets in Ireland and the UK, will close by the end of March 2010. It is reported that ABB is closing the Waterford factory because of a significant fall in business. ABB is a Swiss-Swedish-owned company and employs over 400 staff at five different sites across Ireland.