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Waterford’s new, smaller, lease on life

February 17, 2011

By Staff Reporter

While the now closed Waterford Wedgwood company had some 800 employees on its books at peak production, its replacement firm is expected to employ no more than 100 people.
The new company, Waterford Wedgwood Royal Doulton, trading as Waterford Prestige Company, will move back into the city center from the company’s huge campus in Kilbarry, on the city’s edge.
It will be wholly-owned by KPS, the New York-based venture capital company that acquired Waterford Wedgwood on its closure earlier this year. The new company will be located on city council property on the Mall.
Plans for reviving production were announced in the city last month but fresh details of the business plan have only just emerged.
The company is understood to be capitalized at between

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