Headphones and speakers maker Bose is to lay off 140 people in Carrickmacross, Co Monaghan, as it shifts operations to lower-cost locations in Mexico and Malaysia.
Despite a history that extends back to 1978, the bean counters ruled that the factory is to close as part of a worldwide cost-cutting programme.
Bose is an audio equipment maker celebrated worldwide for the quality of its hardware. However, for many long-time and loyal workers in Monaghan today, that heritage now just rings hollow.
The Minister for State at the Department of Jobs Gerald Nash TD said that all the supports of the State will be made available to all the workers affected by the situation.
“My thoughts are with the workers at Bose and their families today following the regrettable announcement by the company they it will cease operations at its Carrickmacross facility in April.
“Despite the much improved news on the job creation front in this country the situation faced by Bose is a reminder that the fight to sustain and win new jobs is a continuous one and the challenge to maintain our attractiveness for investment in an increasingly competitive market is a challenge we must take on each day.”
Nash said the IDA is currently contacting their network of offices worldwide to try to find a suitable company to invest in the region and take on this highly skilled workforce.
Bose image via Shutterstock