According to the Irish Times this morning, the firm plans to shut two of its plants with the loss of more than 260 jobs in a shake-up of the troubled business.
The M&J Gleeson plant in Borrisoleigh was taken over by C&C in November 2012…in the last number of months there has been several job losses in areas such as admin, production and distribution.
According to today's Irish Times, C&C intends to close the water-bottling plant in Borrisoleigh, which employs 140 staff…the company is also set to close a second factory in Somerset in the UK.
C&C signalled in its last financial statements that it was seeking to cut costs by €15 million a year and it has been reviewing its operations in Ireland and Britain since early last year.
Production will shift to its base in Clonmel, where an extra 80 jobs are expected to be created, however It is not clear whether those losing their jobs in the other plants would be offered redeployment.
As part of the new plans, it's understood people will continue working at Borrisoleigh, which will remain as a warehouse and distribution centre.
Its logistics operations are also likely to face changes.
The company has not made any statement in relation to the reported closures.
