SIPTU is seeking an urgent meeting with the management of Crown Paints Ireland following an announcement to its staff that it intends to close the company’s warehouse in Coolock, Dublin, with the loss of 23 jobs. SIPTU Organiser Jim McVeigh, said: “The loss of these jobs will have a devastating impact on our members, their families and the local community. The closure of the warehouse and the outsourcing of these jobs is not due to take place until May 2016. In the meantime, SIPTU will be seeking an urgent meeting with the Minister for Jobs, Enterprise and Innovation, Richard Bruton, and other locally elected representatives, to see if anything can be done to reverse this decision. He added: “Earlier this year, following a Labour Court recommendation, the company agreed to pay our members a 4% pay increase over two years. During that hearing Crown Paints Ireland, which is a subsidiary of Hempel, a huge multi-national company, revealed that it had enjoyed an operating profit of in excess of €1 million in the previous year. “It would appear that this decision to close a successful and profitable warehouse and out source the work to another company, is no more than a cynical decision by Hempel to drive down wages and boost its already considerable profits at the expense of a long serving and loyal workforce.”