Metso mining business operations to close manufacturing plant in US
York, PA – Metso continues to transform its mining business operations and has announced the closure of the manufacturing operations at the York, PN, 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 engineering, equipment and services to its customers.
“The mining industry is changing [its] 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,” says João Ney Colagrossi, president, minerals business area, Metso. “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.”
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 fulfil customer demand while sustaining improved operating results.
As an earlier initiative, Metso closed the manufacturing operations at its Lachine manufacturing plant in Quebec in the first half of 2015, affecting 191 employees.
Metso specializes in the mining and aggregates industries and in the flow control business. Its products range from mining and construction equipment and systems to industrial valves and controls. The company employs about 14,000 people in more than 50 countries.