PRODUCT PROFILE

Latest Dublin Prices

NAME
LATEST
CHANGE
Aer Lingus 1.74 0.01 more
BoI 0.33 0.00 more
CRH 18.86 -0.05 more
Glanbia 12.30 0.04 more
Greencore 0.64 -0.02 more
Ind. News 0.12 0.01 more
Ryanair 8.56 -0.16 more

 

Rexxam to cut 70 jobs at Drogheda centre

Monday, September 01 12:47:34

Up to 70 jobs will be lost with the closure of Drogheda-based manufacturing company Rexxam at the end of this year.

The Japanese-owned company makes circuit boards and has been in the town for 25 years; it was formerly known as Brother Ireland.

Assistant industrial organiser with SIPTU Denis Sheridan confirmed: "We have been told the company will close at the end of December," according to a report on RTE online today.

The company told the union that 80pc of its customers have been lost and it only has sufficient work to remain open until the end of the year, RTE reported.

"We will be meeting the company and starting the process of redundancy talks. We hope the company will enter meaningful discussions with us," Mr Sheridan told RTE.

For more, visit: www.businessworld.ie