EMCC European Monitoring Centre on Change

Diamond Engineering

Company/Organisation:
Diamond Engineering

Geographic Location

Country: Ireland
Region: Mid-West; Southern and Eastern

Company

Sector: Manufacturing
Manufacture of basic metals and fabricated metal products, except machinery and equipment
25 - Manufacture of fabricated metal products, except machinery and equipment
Number Employed: 117

Employment Effects

Announcement Date: 23-07-2003
Planned Job Reductions min: 117
Planned Job Reductions max: 117
Type of Restructuring: Bankruptcy/Closure
Direct Dismissals: 117

Additional Information

Diamond Engineering produced storage vessels for the pharmaceutical sector. Management blamed unsustainable cost increases for the closure. The closure will affect 117 workers.