19/12/2003
Desmonds to finally shut factory doors
Leading textile firm, Desmonds & Sons is to finally close its factory at Newbuildings and cutting room at Springstown on Friday, with the loss of nearly 300 workers.
The company last month announced it was making the closures as a result of "competitive pressures".
In a statement, the firm said: "Pressures on margins, coupled with increased insurance, energy and social costs combine to pose immense challenges to Northern Ireland manufacturing.
"Despite our efforts to maintain as much employment locally as possible, the inevitable result of all these pressures is that products cease to be viable when made in Northern Ireland and must be produced overseas.
"Our competitors have long since ceased to manufacture garments in the UK."
In July the company, which supplies leading clothing retailer Marks & Spencer, shut the doors of its Irvingstown plant with the loss of 115 jobs.
This followed on from the closure of the firm's plants in Omagh and Swatragh.
(MB)
The company last month announced it was making the closures as a result of "competitive pressures".
In a statement, the firm said: "Pressures on margins, coupled with increased insurance, energy and social costs combine to pose immense challenges to Northern Ireland manufacturing.
"Despite our efforts to maintain as much employment locally as possible, the inevitable result of all these pressures is that products cease to be viable when made in Northern Ireland and must be produced overseas.
"Our competitors have long since ceased to manufacture garments in the UK."
In July the company, which supplies leading clothing retailer Marks & Spencer, shut the doors of its Irvingstown plant with the loss of 115 jobs.
This followed on from the closure of the firm's plants in Omagh and Swatragh.
(MB)
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Northern Ireland WeatherToday:It will be cloudy again throughout the day. Mainly dry in the morning, but patchy drizzle in places, becoming more widespread and persistent in the afternoon. Freshening southwesterly winds. Maximum temperature 12 °C.Tonight:Cloudy with a spell of heavy rain pushing south through late evening and the early hours, followed by some clear spells. Minimum temperature 6 °C.