The Dawn Fresh Foods plant at Fethard in Co. Tipperary in Ireland is to close with the loss of just over 100 jobs.
The business has been at Fethard for around 30 years and has been looking to restructure to save the plant but rising costs of raw material and sterling exchange rates have seen it continue to incur losses.
A company statement, reported by RTE, said: "After lengthy thought and consideration and exploration of all avenues, including a 30-day consultation period with staff, it has become evident that a viable rescue plan is not achieveable."
The closure will be phased throughout the year but complete by the end of 2013.
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