FEARS are mounting over the fate of 87 jobs at an Irish glass firm that survived the War of Independence and two world wars.
Waters Munster Glass (WMG) -- which is based in Churchfield in Cork -- are today expected to lay-off 40 staff with further job losses expected on a phased basis over the coming weeks.
The firm was placed in receivership on February 1 last with two officials from Grant Farrell Sparks (GFS) appointed.
Last night, GFS said it had no comment to make on the current status of the Cork firm. However, an official from GFS was at the firm's Churchfield plant and workers were expected to be briefed on developments.
WMG -- like most other firms supplying the construction sector -- was badly hit by the effective collapse of the industry since 2008. Despite efforts to restructure the business, an application for a receiver to be appointed was made on behalf of the Bank of Ireland.
Last night, politicians expressed concern at suggestions all 87 jobs could now be lost.
"This is a desperate blow for the Churchfield area and for the Cork economy. These are very good jobs and have been hugely important locally for generations," Cork TD Billy Kelleher (FF) said.
WMG can trace its history back to the 1890s and, just a decade ago, was employing over 140 staff as it supplied glazing to the construction sector throughout Ireland.
It was a major supplier of glass to office and apartment blocks in Dublin, Cork, Limerick and Waterford.