CD firm's failure threatens 100 jobs

MORE THAN 100 workers at Dublin-based CD manufacturer Saturn Fulfilment Services Ltd were told yesterday their employer could no longer meet its debts, the High Court has heard.

Mr Justice Eamon de Valera heard that turnover at Saturn, which operates from Citywest Business Campus, Saggart, Co Dublin, had nosedived from €30 million in 2000 to €11.8m as of May of this year.

Company secretary Clement Hannon said 60% of Saturn's business involved the replication of CDs, the printing of customer logos, and packaging and shipping products to customers.