The Waterford Crystal factory opened in Dungarvan in July 1972. The official opening was performed by Jack Lynch. It was reported in newspapers at the time that the factory cost one million to construct and would employ two hundred and forty workers, thirty of whom were from An Rinn.In 2002 the thirtieth anniversary of the opening of the factory was celebrated with a publication and a special service at the factory. A number of pieces of glass and other archival material were donated to Waterford County Museum.
The factory finally closed in 2005.
