Epiroc to consolidate North American drilling tools manufacturing

Epiroc says it will consolidate some of its drilling tools manufacturing from Canada to Mexico to increase efficiency, resulting in, among other things, the closure of the manufacturing site in Langley, Canada.

CII ad

Epiroc will move the manufacturing of rotary and raiseboring drilling tools from Langley to its factory in Matehuala, Mexico, where rock drills are also currently produced. The relocation of production equipment from Canada to Mexico will begin in the September quarter 2025 and the consolidation will be completed by the March quarter of 2027, when the production in Langley will be closed.

Around 65 employees will be affected and Epiroc will have restructuring costs of approximately SEK70 million ($7.3 million, excluding tax impacts) in the June quarter of 2025.

Helena Hedblom, Epiroc’s President and CEO, said: “We regret that this move will affect our appreciated colleagues in Langley. This action is, however, necessary to optimise how we serve our customers throughout the Americas, while keeping Epiroc strong and agile for the future.”

Martin Hjerpe, President of Epiroc’s Tools division, added: “The consolidation will create better and more sustainable conditions for Epiroc to maintain and strengthen its presence throughout the Americas, without compromising on the quality or availability of the products.”

The post Epiroc to consolidate North American drilling tools manufacturing appeared first on International Mining.

Source link

Leave A Reply

Your email address will not be published.