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A further 370 jobs gone at Element Six in Shannon

  • 22-07-2009 10:07am
    #1
    [-0-]
    Closed Accounts Posts: 3,981 ✭✭✭


    http://www.rte.ie/news/2009/0722/elementsix.html


    370 jobs are to go at the Element Six plant in Shannon Co Clare.
    The announcement was made this morning at a meeting with workers.
    All manufacturing and distribution is to be discontinued with only 80 workers being retained in the research and development area.
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    The company has blamed the high-cost environment in Ireland, which it said could no longer be sustained.
    Element Six said the Shannon operation, which operated a central marketing and technical support unit, was the most expensive manufacturing unit in the entire global operation.
    A statement from the company read: 'Despite a series of cost reduction programmes in the past few years, continued production at the Shannon site is no longer sustainable or viable, and the primary business it serves is loss-making.
    'The current economic downturn has simply served to exacerbate these challenges.
    'This is a highly regrettable decision for Element Six and a number of alternatives were considered at length.
    'Management will commence the process of winding down the manufacturing and distribution operations to effect closure by around year end.'
    The company announced 150 voluntary redundancies last December; a scheme that is believed may have been oversubscribed.

    The company is one of the world's biggest manufacturers of supermaterials and industrial diamonds.
    It also has plants in South Africa, Sweden, Germany and Israel.
    It is one of the biggest and longest-established companies in Shannon and was formerly known as DeBeers.


Comments

  • #2
    Keano
    Moderators, Recreation & Hobbies Moderators, Social & Fun Moderators, Sports Moderators Posts: 12,808 Mod ✭✭✭✭Keano


    I posted a comment about this in the Clare forum. Another huge blow to the midwest.


  • #3
    finishedart
    Closed Accounts Posts: 34 ✭finishedart


    Eamon Ryan the 'Green' Minister should wake up now.
    Yesterday he 'announced' 30,000 new jobs. WOW.
    Now this big jobs blow in the West again.
    Ryanair cutting its services in Dublin and Stanstead.
    Who's next.
    For God's sake get this Government out of office asap.
    Mine's another NO vote for Lisbon
    Just watching 1.00 news and the Pharmacists are to stop dispensing drugs to Medical Card holders from 1 August. Is Mary Harney still in the country. Oh, I forgot, she's on 10 weeks holidays. :mad::mad::mad::mad::mad::mad::mad::mad::mad::mad::mad::mad::mad::mad::mad:


  • #4
    Purple Gorilla
    Closed Accounts Posts: 865 ✭✭✭Purple Gorilla


    finishedart wrote: »
    Eamon Ryan the 'Green' Minister should wake up now.
    Yesterday he 'announced' 30,000 new jobs. WOW.
    Now this big jobs blow in the West again.
    Ryanair cutting its services in Dublin and Stanstead.
    Who's next.
    For God's sake get this Government out of office asap.
    Mine's another NO vote for Lisbon
    Just watching 1.00 news and the Pharmacists are to stop dispensing drugs to Medical Card holders from 1 August. Is Mary Harney still in the country. Oh, I forgot, she's on 10 weeks holidays. :mad::mad::mad::mad::mad::mad::mad::mad::mad::mad::mad::mad::mad::mad::mad:
    Why would you vote no on Lisbon over this? None of this has anything to do with what's in the Lisbon Treaty


  • #5
    [Deleted User]
    Posts: 0 ✭ [Deleted User]


    finishedart wrote: »
    Eamon Ryan the 'Green' Minister should wake up now.
    Yesterday he 'announced' 30,000 new jobs. WOW.
    Now this big jobs blow in the West again.
    Ryanair cutting its services in Dublin and Stanstead.
    Who's next.
    For God's sake get this Government out of office asap.
    Mine's another NO vote for Lisbon
    Just watching 1.00 news and the Pharmacists are to stop dispensing drugs to Medical Card holders from 1 August. Is Mary Harney still in the country. Oh, I forgot, she's on 10 weeks holidays. :mad::mad::mad::mad::mad::mad::mad::mad::mad::mad::mad::mad::mad::mad::mad:

    Vote No to Lisbon and expect to be shunned to one side by Europe. We can change those in the Dail, but will always need to be at the heart of Europe


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