Carpets closure to lose 49 jobs

ESCALATING costs have forced a small Irish specialist carpet company to close its doors resulting in the loss of almost 50 jobs this year.

Munster Carpets manufacturing base is to be transferred to Britain causing the loss of 49 jobs in Cork following the sale of the company for just 636,000.

Munster Carpets managing director, Paul O'Callaghan said escalating costs, coupled with deteriorating market conditions over the last two years, has left the company with no option but to close.