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06/04/2006
Job cuts as textile company closes
A County Tyrone textile company is to close its doors, causing around 200 jobs to be lost.
Strabane-based hosiery firm Adria have said that the closure comes after an increase in competition within the sector.
Earlier today, a spokesperson for Adria said: "Despite the best efforts of a dedicated management team and a loyal workforce, world economics in the textile sector have conspired against us."
The announcement comes after around 360 jobs were axed last year and a further 65 workers were made redundant just before Christmas.
These latest cuts will mean that the company will only employ 40 people in the Strabane area.
(EF/SP)
Strabane-based hosiery firm Adria have said that the closure comes after an increase in competition within the sector.
Earlier today, a spokesperson for Adria said: "Despite the best efforts of a dedicated management team and a loyal workforce, world economics in the textile sector have conspired against us."
The announcement comes after around 360 jobs were axed last year and a further 65 workers were made redundant just before Christmas.
These latest cuts will mean that the company will only employ 40 people in the Strabane area.
(EF/SP)
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