This article is from the source 'bbc' and was first published or seen on . It will not be checked again for changes.
You can find the current article at its original source at http://news.bbc.co.uk/go/rss/-/1/hi/northern_ireland/7343196.stm
The article has changed 4 times. There is an RSS feed of changes available.
| Version 2 | Version 3 |
|---|---|
| Job losses as linen plant moves | Job losses as linen plant moves |
| (20 minutes later) | |
| Linen manufacturing at a County Down company is to cease with the loss of 45 jobs. | Linen manufacturing at a County Down company is to cease with the loss of 45 jobs. |
| Ulster Weavers Apparel Ltd announced that manufacturing is to be transferred to China, where Ulster Weavers has had an office for the last three years. | Ulster Weavers Apparel Ltd announced that manufacturing is to be transferred to China, where Ulster Weavers has had an office for the last three years. |
| The company will retain its base in Banbridge, employing 25 people in design, marketing and sourcing. | The company will retain its base in Banbridge, employing 25 people in design, marketing and sourcing. |
| Managing director Declan Gormley said the business had been restructured over the past two years. | Managing director Declan Gormley said the business had been restructured over the past two years. |
| "We have managed to accommodate the continued changes and pressures but we are in an industry where pricing pressures are enormous. | "We have managed to accommodate the continued changes and pressures but we are in an industry where pricing pressures are enormous. |
| "A weak dollar... which is in one of our strongest markets and of course where some of our raw materials come, the euro is at an all-time high. | "A weak dollar... which is in one of our strongest markets and of course where some of our raw materials come, the euro is at an all-time high. |
| "So the inevitability of all of those. We have our own crunch, if you like which has just made our position untenable." | "So the inevitability of all of those. We have our own crunch, if you like which has just made our position untenable." |
| It is another sign of the steep decline in Northern Ireland's textile industry, which employed about 76,000 a decade ago. |