Business groups fear Coty closure could be echoed elsewhere in Tipperary

The comments come in the wake of the announcement yesterday that Coty is to cease production at their plant in Nenagh by the end of 2018.

The cosmetic manufacturers' decision will result in over 200 jobs being lost in the North Tipp town.

Vice President of Nenagh Chamber Dennis Finnerty says the move will raise concerns in any town in the Premier County which is home to a multi-national company.