Celtic Weave China Ltd., located on the main Ballyshannon to Belleek road at Cloghore is to cease production and trading on fulfilment of the current agreed order book.
It will see the loss of 13 jobs as a result.
Celtic Weave China was established in 1985 as a producer of high quality fine china products, in unique designs.
A statement issued on their behalf reads:
“Over the subsequent two decades, the Daly family, led by Tommy and Patricia Daly, assumed full control of the business which expanded very successfully and became the producer of choice for Tiffany & Co., New York, for an agreed range of specially designed products. This relationship continues until all orders are fulfilled.
“However, other personal circumstances, totally unrelated to its production and retail activities have dictated that the company’s directors feel they cannot continue to trade, even though a strong market still exists for its products.
“In ceasing its activities, the directors wish to thank the company’s staff for their loyal support and understanding during their periods of employment. Equally, they wish to express their gratitude to their customers, local, national and international and our suppliers, who proved consistently supportive.
“Finally, the directors state that the company is not going into any form of liquidation, all liabilities will be settled, including statutory redundancy payments due to staff.
“The directors of Celtic Weave China will be making no further comment on this decision, which is irreversible,’ the statement finishes.
If you have a story or want to send a photo or video to us please contact the Donegal Now editorial team. Between 9am and 5pm Monday to Sunday please call 074 9112712. Between 5pm and midnight please call or text 086 792 2103. Or you can email [email protected] at any time.