250 workers in Waterford face an uncertain future as leading employer Cappoquin Chickens has gone into liquidation, putting all jobs at the company in jeopardy as a result. Fears have been ongoing for the company for some time but recent developments intensified the anxieties of employees, farmers and growers when Cappoquin Chickens went into examinership in late May. The rising costs of business including feed for chickens and cheaper meat imports are just two of the reasons attributed to the situation the company now finds itself in.
Public representatives across the political and social spectrum of Waterford have expressed the level of devastation that liquidation of the poultry company could do to the West Waterford economy.
David Lane of Siptu, speaking to Waterford Today from the Cappoquin location on Monday, said that the union became aware that the company would be going into liquidation on Friday evening and that he and other Siptu representatives met with the Liquidator on Monday morning last. Mr. Lane said that the union has 150 members working at the plant but that there was an overall workforce of 250 people.
Mr. Lane was among many who say that any closure of the Cappoquin Chickens will have a devastating effect on West Waterford and East Cork and that any potential buyers for Cappoquin Chickens would have to make themselves known ‘very quickly' in order to save the jobs there.
However, Waterford IFA Chairman, Michael Keane also said that the crisis facing Cappoquin Chickens would have a knock on effect for all concerned, particularly for chicken farmers and farmers who also produce feed for the company. He called on national politicians to ‘get stuck in' on the crisis as farmers and staff staged a rally outside the plant on Monday. When asked who the rally will be aimed at, Mr. Keane said that it was aimed at the liquidator and government politicians.
The Waterford IFA Chairman also said that it was a question on whether the government truly wanted ‘an indigenous chicken industry' in Ireland.
Meanwhile, Siptu's David Lane said that the government had ‘stood back and done effectively nothing' while the crisis continued.
The farming community chicken growers held a rally at Cappoquin on Monday afternoon (4pm) while releasing a statement syaing that ‘dubious' imports were undermining the poultry sector in the country. The same statement, on behalf of the IFA office in Kilkenny stated that in countries such as Brazil and Thailand, the quality assurances on exports are not as stringent as in Ireland, thus making those imports damaging to domestic producers.
The political parties in opposition have been quick off the mark to criticise the current government in the wake of the closure. Sinn Fein City Councillor, David Cullinane and Fine Gael Senator, Paudie Coffey both made written statements which were highly critical of government performance but also signalling that the government had a responsibility to assist the staff whose jobs are at risk.
For reaction, the office of the Minister for Enterprise, Trade and Employment, Mary Coghlan was contacted for comment but had not responded at the time of going to print.
See Original Article
Call now for advice on the best way to deal with corporate debts.
Call us on: 0800 071 1616
Email us on: info@debtsgone.co.uk
Website: www.debtsgone.co.uk
Saturday, 6 September 2008
Posted by Debtsgone LTD at Saturday, September 06, 2008
Labels: Cappoquin jobs in danger as company goes into Liquidation
Subscribe to:
Post Comments (Atom)
Blog Archive
-
▼
2008
(365)
-
▼
September
(30)
- The true scale of personal debt is hidden, with up...
- Pensioners and parents are building up debts as th...
- Arev Brands, which owns 49pc of the company, has a...
- With time running out to save Alitalia from liquid...
- Buxbaum Jewelry Advisors to be led by industry ve...
- Car Care (Gosport) Ltd, formerly of East Street, F...
- A West Midlands house builder is facing administra...
- Yell Group, the heavily indebted publisher of Yell...
- Chancellor Alistair Darling has pledged action ove...
- Both trade unions and opposition groups in Greece ...
- Social historians will record this week as one whe...
- STAFF who lost their jobs when holiday firm XL col...
- Lehman Brothers is thought to be teetering on the ...
- About 100 jobs are to go across Scotland as a mana...
- The package holiday firm XL is expected to declare...
- Market watchers are trying to unravel how a six-ye...
- Failing NHS hospitals are to be saved from bankrup...
- Peele Print (North) has been placed into creditors...
- People are seeking debt advice because they cannot...
- Remaining directors Juliet McKoen and Julie Hammer...
- United Airlines plunged yesterday after a false r...
- INDIVIDUAL VOLUNTARY ARRANGEMENT (IVA)A voluntary ...
- The number of people becoming insolvent in Scotlan...
- The mother of a businessman thought to have killed...
- 250 workers in Waterford face an uncertain future ...
- Commodities markets were volatile with traders war...
- Britain has one of the worst personal debt problem...
- The Bank of England is expected to ignore pleas fo...
- Start-up printer Four Four Two has gone into volun...
- One year into the credit crunch, and buy-to-let re...
-
▼
September
(30)
No comments:
Post a Comment