Workers 'devastated' as receivers appointed to Andersen's plant

Ulster Bank has appointed receivers to the Limerick jewellery manufacturer Andersen Ireland, while some workers at the plant have already been put on temporary lay-off.

Ulster Bank has appointed receivers to the Limerick premises of troubled jewellery manufacturer Andersen Ireland, while some workers at the plant have already been put on temporary lay-off.

Two weeks ago, at the company's request, the High Court appointed Kieran Wallace of KPMG as provisional liquidator to the company in an effort to see if any part of the company and the 170 jobs there could be saved. Wallace last week retained 70 ...