11/02/2014

Waterford's Honeywell Process Solutions Announces Closure

A total of 27 full-time jobs are to be lost following the announcement that one of Waterford city's longest-established factories, Honeywell Process Solutions, is to close.

Staff at the company, formerly known as Measurex, were informed for the closure at a meeting today. Work carried out at the factory will be moved to Europe.

A statement from the company read: "(The company) continually evaluates its operations to ensure a competitive business model aimed at securing long-term growth and linked to the needs of our customers.

"After careful consideration, HPS leadership has proposed to close the Waterford site and redistribute work across the company.

"This proposal is being discussed with union representatives for affected employees."

(MH/JP)

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