MONTREAL -- Dominion Textile is planning to invest $7.5 million in new technology to lower costs and improve the quality of production at its Klopman International operations in Tralee, Ireland.
Dominion said the modernization program will eliminate 148 jobs. Funds for the investment will come primarily from the proceeds of the sale of Dominion's plant in Gilloge, Ireland, to the Irish Industrial Development Agency.
The investment in thefacility in Tralee follows a $10 million investment that was used to modernize Klopman's facility in Frosinone, Italy.
Klopman International is a wholly owned subsidiary of Dominion Textile. Klopman International is Europe's leading manufacturer of workwear fabrics.
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