21/11/2003
Nearly 200 jobs to go at Co Down textile firm
Nearly 200 jobs are set to go today with the closure of a yarn firm in Co Down.
Saintfield Yarns announced on Thursday that its was closing its plant because of the withdrawal of credit insurance from a leading supplier, which had guaranteed that bills were paid.
The entire 189 workforce will be made redundant of Friday as a result of the decision.
Thursday's news was a further blow to the textile's industry in Co Down which recently saw the closure of two Carpet International plants, in Killinchy and Donaghadee, with the loss of 160 jobs.
(MB)
Saintfield Yarns announced on Thursday that its was closing its plant because of the withdrawal of credit insurance from a leading supplier, which had guaranteed that bills were paid.
The entire 189 workforce will be made redundant of Friday as a result of the decision.
Thursday's news was a further blow to the textile's industry in Co Down which recently saw the closure of two Carpet International plants, in Killinchy and Donaghadee, with the loss of 160 jobs.
(MB)
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Northern Ireland WeatherToday:A showery start with outbreaks most frequent north of Lough Neagh and through the morning, before dwindling during the afternoon as the northwest breezes ease and brighter spells of weak sunshine prosper. Maximum temperature 8 °C.Tonight:A dry night, save for a few light showers around the coasts, with prolonged clear spells and light winds bringing a frosty dawn for many in central and southern parts. Minimum temperature -3 °C.