Company/Organisation:
Navan carpets
Geographic Location
Country:
Ireland
Region:
Border; Border, Midland and Western
Company
Sector:
Manufacturing
Manufacture of textiles, apparel, leather and related products
13.93 - Manufacture of carpets and rugs
Number Employed:
200
Employment Effects
Announcement Date:
30-06-2003
Planned Job Reductions min:
200
Planned Job Reductions max:
200
Type of Restructuring:
Bankruptcy/Closure
Direct Dismissals:
200
Additional Information
The company has been based in Navan since 1938. The company blamed the closure on a substantial drop in exports - particularly to America.
It would seem that the workforce will receive no more than the statutory redundancy terms of two weeks pay per year of service.
Sources:
30-06-2003The Irish Times
30-06-2003The Irish Independent
30-06-2003The Irish Examiner
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