Metso is continuing to transform its mining business operations. The latest example is the announcement that the company will be closing of the manufacturing operations at the York, Pennsylvania, USA plant as of March 31, 2016. The decision affects approximately 80 employees currently employed at the plant. Metso’s other business operations operating out of the York offices will not be affected and the company will continue to offer Metso’s full scope of engineering, equipment and services to its customers.
“The mining industry is changing their business model to cope with the current market outlook. This is a permanent change in the mining industry and we need to find new and more efficient ways to run our business. After careful evaluation of our supply chain model, as well as the current and future workload, we did not see any other option than to close the York manufacturing plant. This is a very unpleasant but necessary action for us”, says João Ney Colagrossi, President, Minerals business area, Metso.
The market outlook in the mining industry remains unchanged. Metso continues to transform its mining business operations by implementing a leaner business model, employing a light assets and sourcing concept to fulfill customer demand while sustaining improved operating results. As an earlier initiative, Metso closed the manufacturing operations at the Lachine manufacturing plant in Quebec, Canada in the first half of 2015, affecting 191 employees.