Northern Ireland

Markethill firm Unicorn Mouldings Ltd to cut 36 jobs

A flooring manufacturer based in Markethill, County Armagh, is to make 36 employees redundant over the next six to eight weeks.

Unicorn Mouldings Ltd makes flooring for both the industrial and commerical/domestic markets.

It purchased the business, formally known as Reflex Mouldings, from its administrators in August 2009.

The company said the redundancies were necessary "in order to secure the future for the remaining 22 employees".

"Unicorn Mouldings Ltd are currently developing new products and it is the company's aim to grow the business with employment numbers rising over the next six - 18 months," it added.