There are fresh hopes of reconciliation between management and workers at Waterford Stanley after the union representing manufacturing workers agreed to end demands for relocation expenses.
Management served protective notice to its 120 stove-manufacturing employees at its plant in the city on Friday after Labour Relations Commission (LRC) talks between management and manufacturing employees collapsed.
However, employees have now said they will not seek a one-off relocation payment from the company should management guarantee the security of 120 jobs by withdrawing protective notice with immediate effect.
A spokesman for the TEEU said at the weekend that it would drop the relocation claims on the basis that management negotiate the "issues involved and withdraw the protective notice".
Talks are expected to resume this afternoon.
Parent company AGA Rayburn UK says stoves of equivalent quality could be manufactured overseas and brought to Ireland 35 per cent cheaper than those made in Waterford.