via our buddies at finfacts (www.finfacts.com), FCI Ireland (www.fciconnect.com) has decided to shut up shop in
Bandon Fermoy, Co. Cork. They’ve cited as their global restructuring plan as a reason to close the plan in Ireland.
FCI says its 13,500 (well now it will be 13,260) employees are committed to providing customers with high-quality, innovative products for a wide range of consumer and industrial applications. The plant is due to close up before the end of 2008, but 20 staff members will remain in customer support roles.
Bandon has been having a bad time lately, this comes only a few months after BUPA Ireland have come out and said that they are removing operations from Ireland.
So what’s with all these companies at the moment ? Is it the expansion of the EU that is offering them cheaper locations to operate or is it really a bad time for businesses ?
EDIT : Thanks to Niall for the correction, yes, it’s Fermoy, not Bandon, sorry for the mistake. At least someone is reading ! 😉