Fears for 250 jobs at Nenagh cosmetics plant
There are fears for the future of 250 jobs at a cosmetics manufacturing plant in north Tipperary after staff were called to a meeting with management.
Local people are worried the Coty plant in Nenagh may close after news emerged of the planned meeting at noon today.
It comes just months after the worldwide cosmetics giant completed a €11.5 billion takeover of Procter & Gamble, including the Co Tipperary site.
Reports in the area suggest that redundancies could be phased over an 18-month period, with the manufacturing activity at Nenagh moving abroad.
"It doesn't sound great," Sinn Féin councillor Seamus Morris said, after members of Tipperary County Council from the Nenagh area heard of today's meeting.
"This factory has managed to pull surprises before: there was many a deadline looming on the future of this factory and it's stayed open, that was down to staff. We're all crossing our fingers and toes that the news will be good, but it doesn't look good."
The 'Tipperary Star' reported that "no production will take place at the Nenagh plant" and the 250 jobs will move to the UK.