Hundreds of jobs at risk at Coty plant in Tipperary

There are fears for the future of 200 jobs in Nenagh, County Tipperary.

Staff at the Coty plant have been called to a meeting at noon today, while local councillors have been told to "expect the worst".

In 2015 the cosmetics manufacturer took over the Proctor and Gamble facility on the Gortlandroe Industrial Estate in Nenagh, which had been in operation there since 1978.

The deal which was worth almost €12bn saw Coty acquire such brands as Hugo Boss, Gucci and Max Factor.

However there was a number of concerns about the takeover including pension rights and last year the Labour Court recommended the staff receive a once off loyalty payment.

Today's meeting at noon follows a company sourcing study and there are fears that staff will be informed that production in Nenagh will cease over the next 18 months with the jobs being moved to the UK.

Its understood local councillors were briefed about the situation at Coty following their monthly meeting yesterday and told by officials at the local authority to expect the worst.

Local Councillor Ger Darcy says it would be a huge loss to the area.

"Over 200 people are directly employed and a lot of people are indirectly employed. We all have friends, and neighbours, and relatives who drew their income from that factory.

"I shudder to think, it's going to be an absolutely massive loss to our area if the worst comes to pass."


More in this Section

Dublin Airport runway challenges thrown out

Cork company celebrates 20th anniversary by donating day’s proceeds to Simon

Aer Lingus Regional raises passenger numbers on Donegal and Kerry routes

Research finds more Irish workers want to work remotely


Today's Stories

Ireland needs more aircraft repair firms, not just lessors

Cork bread company donates celebratory taking to Simon Community

Ireland must forge even closer links with eurozone

Is this the end for zero-hour contracts?

Lifestyle

Toy story: 10 toys guaranteed to bring out the kid in all of us

GameTech: Star Wars Battlefront II: Chance to win Loot Skywalker

Military top brass: Meet the conductor of the army’s Southern Brigade band

Album review: Experience counts on U2’s return to form

More From The Irish Examiner