Menu
09/07/2009
Derry's Arntz Belting Heads For Trouble
The future for a struggling Pennyburn fan belt factory, which currently employs around 110 people, is looking bleak.
The manufacturing plant, Arntz Belting Company, went to a three-day week in December and also sought 28 redundancies in March.
However, the global recession has led to the firm's parent company looking at further cuts.
The NI Trade Minister Arlene Foster said last week that she has been following developments: "I am aware that Optibelt, the parent company of Arntz Belting Company Ltd is considering a number of options as a result of global economic downturn.
"As yet no decision has been made to close two factories nor specific factories identified," she said.
However, as reported in the Londonderry Sentinel newspaper, she did indicate
that she will "intervene if an when appropriate" to aid the stricken plant which has not received any money from INI since 1997.
"Invest NI officials have kept me aware of challenges facing the Arntz Belting Company factory.
"On my behalf, Invest NI continue to liaise with the company in relation to long-term plans for the Pennyburn factory with a view to intervening if and when appropriate," she said.
But concerns are growing among the company's workers.
This Wednesday employees revealed they had seen documents that suggested people would be made redundant in August and the plant would face closure by the end of the year.
(BMcC/JM)
The manufacturing plant, Arntz Belting Company, went to a three-day week in December and also sought 28 redundancies in March.
However, the global recession has led to the firm's parent company looking at further cuts.
The NI Trade Minister Arlene Foster said last week that she has been following developments: "I am aware that Optibelt, the parent company of Arntz Belting Company Ltd is considering a number of options as a result of global economic downturn.
"As yet no decision has been made to close two factories nor specific factories identified," she said.
However, as reported in the Londonderry Sentinel newspaper, she did indicate
that she will "intervene if an when appropriate" to aid the stricken plant which has not received any money from INI since 1997.
"Invest NI officials have kept me aware of challenges facing the Arntz Belting Company factory.
"On my behalf, Invest NI continue to liaise with the company in relation to long-term plans for the Pennyburn factory with a view to intervening if and when appropriate," she said.
But concerns are growing among the company's workers.
This Wednesday employees revealed they had seen documents that suggested people would be made redundant in August and the plant would face closure by the end of the year.
(BMcC/JM)
Related Northern Ireland Recruitment News Stories
Click here for the latest headlines.
11 January 2010
Londonderry Jobs Shock
An Ulster Unionist Foyle councillor, Alderman Mary Hamilton, has expressed sadness at news that Londonderry engineering company, Arntz Belting, is expected to close with the loss of over 100 jobs. "To see a company with a 40 year history falling prey to the economic crisis is terribly sad and deeply worrying," she said yesterday.
Londonderry Jobs Shock
An Ulster Unionist Foyle councillor, Alderman Mary Hamilton, has expressed sadness at news that Londonderry engineering company, Arntz Belting, is expected to close with the loss of over 100 jobs. "To see a company with a 40 year history falling prey to the economic crisis is terribly sad and deeply worrying," she said yesterday.
29 July 2009
M&S Drivers' Strike Looms
It looks likely today that deliveries to Marks and Spencer stores throughout the UK will be hit by a threatened drivers' strike. Some 100 staff at worldwide courier company DHL's centre in Mallusk near Belfast and two depots in England are considering walking out after a pay freeze, the union Unite said.
M&S Drivers' Strike Looms
It looks likely today that deliveries to Marks and Spencer stores throughout the UK will be hit by a threatened drivers' strike. Some 100 staff at worldwide courier company DHL's centre in Mallusk near Belfast and two depots in England are considering walking out after a pay freeze, the union Unite said.
20 August 2008
Tipperary Hotel Refusal Hits Job Opportunities
News that the Irish Planning Appeals board has rejected proposals to build a contentious hotel development in Tipperary will disappoint local building contractors. The development, which received strong opposition from locals, was to be built on a Cashel site, formerly owned by the Presentation Sisters.
Tipperary Hotel Refusal Hits Job Opportunities
News that the Irish Planning Appeals board has rejected proposals to build a contentious hotel development in Tipperary will disappoint local building contractors. The development, which received strong opposition from locals, was to be built on a Cashel site, formerly owned by the Presentation Sisters.
26 June 2009
Jobs Lost At Waterford Plant
Some 178 jobs are to go as electrical components factory ABB in Waterford announces it is to close. The company, which manufactures distribution transformers for the construction sector in Ireland and the UK, is to end its operations in Waterford by March 2010.
Jobs Lost At Waterford Plant
Some 178 jobs are to go as electrical components factory ABB in Waterford announces it is to close. The company, which manufactures distribution transformers for the construction sector in Ireland and the UK, is to end its operations in Waterford by March 2010.
-
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.
