10/10/2012

Meat Factory Closure Causes 160 Job Losses

160 jobs will be lost following the announcement of meat processing company Olhausen that it is to close its three plants in Dublin and Monaghan.

More than 100 of those employees work at the company's headquarters in Blanchardstown.

The Olhausen company has been operating in Ireland for over 100 years.

It also supplies a range of pork, ham, turkey and salami products to the retail and catering trade.

Apart from its Blanchardstown headquarters, it has production facilities in Coolock in Dublin and another in Lough Egish in Co Monaghan.

Ulster Bank has appointed receiver Jim Hamilton of BDO to the company.

SIPTU, which represents 100 employees, said staff were told this morning that the firm is no longer a going concern and has ceased trading at all three factories.

The union confirmed that the receiver has agreed to pay outstanding wages to all 160 employees. They will also be entitled to statutory redundancy.

(H)


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