Kostal, one of Ireland’s largest employers, the German manufacturer of electronic components, will temporarily shut down its plants in Cork and Limerick, which employed more than 1,000 people due to the Covid 19 crisis.
ostal, which has large plants in Mallow in Cork and Abbeyfeale in Limerick, will close the two facilities until April 27th until the situation is checked for the virus.
It is to be hoped that, if the market conditions permit, both plants can resume operation from this date.
The last shift in the factories ends on Wednesday at 8 a.m. The decision is believed to have followed the widespread closure of large automotive manufacturing facilities in the UK, Germany, France, Italy and Spain due to the Covid 19 crisis.
Kostal is a leading manufacturer of electronic and mechanical components for the automotive industry.
The company has established itself as one of the largest employers in Münster – and as the dominant employer in both the Mallow and Abbeyfeale areas.
A company spokesman was unavailable to comment on this matter. However, one source said it was a “very challenging time” for the company, its employees, and their families.
The shutdowns are directly related to the Covid 19 crisis and the consequences for the European and global automotive industry.
The company source said that both the company and its employees are “severely affected by this (virus) event”.
The products manufactured by Kostal include components for the next generation of plug-in hybrid and fully electric vehicles.
Kostal Ireland currently has 1,038 employees, including 693 in Abbeyfeale and 345 in Mallow.
An official statement by the company on the Covid 19 crisis is still expected today.