It says its focus is on supporting those affected.
Laois Chamber of Commerce is describing the loss of 26 jobs in the county as a devastating blow.
Mountmellick based manufacturer Standex is seeking to make over a quarter of it's staff redundant, due to cost saving measures.
The company has been operating in the region for over 40 years.
CEO of Laois Chamber Bernie Everard says their focus now is offering support to those affected: