65 jobs to be lost in Limerick

A LIMERICK company which installed the floodlighting at Thomond Park and the new greyhound stadium in the city has gone into liquidation with the loss of 50 jobs.

G Clancy (Contractors) Ltd is understood to be owed €1.1 million for work carried out and has been forced to close after 36 years in business.

A source close to the company said: “It is as simple as this: The company is closing because they can’t get paid. It is a vicious circle at the moment and nobody can get paid. As a result you have 50 people losing their jobs, including electricians, apprentices and office staff.”

The company was started by Gerry Clancy before his son Terry took over. The Clancy family have been synonymous with the electrical trade in Limerick for decades.

And another company CWS Bonco has announced it is closing its Limerick operation with the loss of 15 jobs.

The company, formerly Linen Supply of Ireland, blamed the downturn in the hotel and hospitality sectors. A company spokesperson said they were endeavouring to secure alternative jobs for their staff locally or at their Cork operation.

A spokesperson said: “The recession has hit the hospitality and retail sectors particularly hard and this in turn has impacted on business volumes. The closure of the (Limerick) depot will not affect the service offered to customers in the mid-weest in any way.”

SIPTU organiser Michael Kiely said the majority of CWS workers had taken the redundancy package.

The chief executive of Limerick Chamber of Commerce described the jobs losses as “terrible”.