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Over 250 jobs to go at FG Wilson Over 250 jobs to go at FG Wilson
(10 minutes later)
More than 250 workers are to be made redundant at County Antrim engineering firm FG Wilson.More than 250 workers are to be made redundant at County Antrim engineering firm FG Wilson.
The redundancies are to be made across three sites - Larne (138), Springvale (77) and Monkstown (45).The redundancies are to be made across three sites - Larne (138), Springvale (77) and Monkstown (45).
"Unfortunately market conditions have continued to worsen," said a spokesman for the company which designs and builds diesel and gas generators."Unfortunately market conditions have continued to worsen," said a spokesman for the company which designs and builds diesel and gas generators.
"We need to lower our production volumes further to take account of reduced demand for products.""We need to lower our production volumes further to take account of reduced demand for products."
The spokesman said the redundancies were "regrettable".The spokesman said the redundancies were "regrettable".
"However, it is ultimately in the long-term interests of our business," he added."However, it is ultimately in the long-term interests of our business," he added.
In December, the company laid off more than 180 workers employed through a recruitment agency.In December, the company laid off more than 180 workers employed through a recruitment agency.
FG Wilson was founded in 1966 and acquired by current parent company Caterpillar in 1999.FG Wilson was founded in 1966 and acquired by current parent company Caterpillar in 1999.
Meanwhile, almost 150 workers are being laid off for at least a month at a County Tyrone company which manufactures machinery used in the construction industry.
Fintec said it was confident the staff would all be back working at its Ballygawley plant after the lay-off.