THE acquisition of a Waterford-based engineering company, in receivership since March, has “initially saved 30 of the 94 jobs”, according to its new buyers.

A TOWER described as being twice as tall as Dublin’s Liberty Hall will form the focal point of an urban development in Waterford, which is set to create 400 jobs during construction and a similar number on completion in 2014.

Plans were unveiled today for a skyscraper at the heart of a €380m redevelopment of an old iron foundry in Waterford city.