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Post by dazbt on Aug 22, 2016 16:33:40 GMT -5
needs confirmation but potentially devastating news for many of the ex Anderson Strathclyde staff that were retained at the time of the progression of takeovers.
"looks like CAT are going to close down the underground division in the USA"
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Post by johnh on Aug 23, 2016 4:05:07 GMT -5
Daz the announcement to close the CAT underground business is for the Room & Pillar division only at this time. The intent is to sell off the R&P business The Houston facility if not sold will be closed regardless, I'm not sure of the the total job losses from this round of changes but I believe It will be quite high, in Australia we would have lost about 20 from that side of the business. I'd say it will be a few hundred globall at least. We have lost a massive amount of very talented people in the last two years.
The Longwall business is being kept as is for now as it is seen as a better return on investment but there will be more cost cutting and changes ahead. The Longwall buisness Is still based out of Lunen Germany. With manufacturing of shearers, CST gearboxes electro hydraulic controls ,automation etc and now all the hard rock mining equipment still manufactured in Germany, the AFC, Roof support structures will be manufactured in China, with the first Longwall manufactured being for Moolarben near Mudgee Australia. To be delivered mid next year.
It's very difficult times and hopefully it eases soon and we see a turnaround.
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Post by dazbt on Aug 23, 2016 5:16:42 GMT -5
Thanks johnh, that sounds pretty drastic but at least there's a glimmer of hope in holding onto the longwalling side, good luck with it all.
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