Tuesday 20 February 2018

Two firms create 100 jobs but 60 workers are axed

Treacy Hogan, Brian McDonald and Barry Duggan

ONE hundred new jobs are to be created by an engineering company and a market research firm.

However, it was also announced yesterday that 67 jobs will go at a healthcare manufacturer and newspaper printing plant.

Portlaoise-based Cynar yesterday signed a deal to build machines capable of converting waste plastic into diesel fuel for SITA, a leading UK recycling company.

The engineering firm will create 50 jobs out of a contract to build the machines for export to Britain.

The project involves building 10 machines here capable of handling 60,000 tonnes of mixed waste plastic in Britain every year.

Fifty further jobs are to be created by a top US market research firm in Galway.

Industrial Info Resources (IIR) is to establish its European operations centre at the Ballybrit Business Park in Galway city and will create the positions over the next five years. The new jobs will be in research, sales, administration and management.


Meanwhile, a healthcare company is preparing to shed 37 jobs in Co Donegal.

Staff at Medisize in Letterkenny were yesterday briefed by management about plans to axe up to 12 jobs before Christmas and a further 25 jobs in February when a current line of production ends.

The company, which employs about 160 people, manufactures pharmaceutical packaging and medical devices for the healthcare market.

The company has operations in the Netherlands, Switzerland, the Czech Republic and Finland as well as Ireland.

There was no official comment from management at the company last night.

Also yesterday, it was announced that 30 workers are to be made redundant before Christmas after Johnston Press announced it is to close its printing press in Limerick.

The printers at the company's facility in the Dock Road, Limerick were informed of the redundancies at 6pm last night.

Since February, the printers have been working three-day weeks for the Scottish-based company and have taken wage reductions of up to 40pc.

Johnston Press owns the 'Limerick Leader' and 'Limerick Chronicle' titles which have been printed in the city since 1768. It is believed that Johnston Press will carry out the majority of its printing operations at its Portadown plant in Armagh.

Irish Independent

Promoted Links

Business Newsletter

Read the leading stories from the world of Business.

Promoted Links

Also in Business