Workers at the Reilly Bookbinding Company in Wicklow have unanimously rejected newly proposed redundancy terms from the company.
Staff at the country's largest bookbinder are in the 10th day of a sit-in protest after they were handed notice of redundancy last Wednesday week.
According to Union sources, the offer made today by the company involved €15,000 between 14 people, the sale of two cutting machines and a share in any future profits.
This afternoon, the bookbinders rejected the offer and said they will continue their round-the-clock protest until their rights have been granted and a liquidator is appointed to the company.
They have however agreed to attend talks at the Labour Relations Commission on Monday morning, which the company will also attend.
Earlier Shane McKean of the Irish Print Group division of SIPTU, which represents the workers, called for the appointment of a liquidator in a bid to obtain redundancy payments due to the workers as quickly as possible.
SIPTU says the company has also referred workers to the Department of Enterprise, Trade and Employment insolvency fund, which the union says could take months to process the claims.
The company, which restores books for many Irish universities and State-funded libraries, has plans to establish a European centre of excellence in an eastern European country.