"Only" one of the Waterford facilities is closing, the one in Dungarven, Waterford. It's a terrible shame, as generations have worked there and are still there. It's a "company town."
The headquarters in the city of Waterford is still going strong, and I hope that the Dungarven artisans will be transferred there. In a way, it makes sense to consolidate, but it's sad for those who felt they were set for life.
There is also the Waterford presence in the States, in Lakewood, NJ, and some Irish workers are rotated through there.
China looms large in the world's economy, but I try not to think about the future of this. Will every piece of furniture be veneered particle board? Will every toy make the kid cry the next day? Will China rule? Maybe I'm old enough not to have to see it happen. <img src="/images/graemlins/frown.gif" alt="" />