Shannon firm to close after Christmas

first_imgTwitter Linkedin WhatsApp Facebook Print Andrew CareyA SHANNON based electrical switchgear firm is to close with the loss of 63 jobs.Sign up for the weekly Limerick Post newsletter Sign Up At the end of January, Kraus and Naimer is to closing its manufacturing facility in the Shannon Free Zone.The Limerick Post has learned that the closure is due to continued financial losses at the firm.Kraus and Naimer has been sustaining losses for the last number of years.It is understood that the closure is forced due to the impact of weak customer demand due to the global recession.The facility was set up in Shannon in 1973.center_img NewsBreaking newsShannon firm to close after ChristmasBy admin – December 5, 2013 711 Advertisement Email Previous articleLimerick homes at risk of repossessionNext articleGeordie Shore sets Limerick pulses racing adminlast_img

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