Navan carpets

Type
Closure
Country
Ireland
Region
Ireland; Northern and Western; Border
Location of affected unit(s)
Sector
Manufacturing
(13 - 15) Manufacture of textiles, apparel and leather
13.9 - Manufacture of other textiles
13.93 - Manufacture of carpets and rugs
200 jobs
Number of planned job losses
Job loss
Announcement Date
30 June 2003
Employment effect (start)
Foreseen end date

Description

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 June 2003: The Irish Times
  • 30 June 2003: The Irish Independent
  • 30 June 2003: The Irish Examiner

Citation

Eurofound (2003), Navan carpets, Closure in Ireland, factsheet number 58901, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/58901.