Further streamlining of the operations of international coal mining equipment company Long-Airdox is underway in response to continuing depressed conditions in its major markets.
While announcing further job losses, company president Ian Menzies moved to reassure employees in many business areas, including finance, purchasing, information technology, international sales, and the conveyor division, and the Columbus, Ohio, and Norris City, Illinois, locations, that they would not be affected by the latest restructuring.
Hardest hit by the new Long-Airdox bid to increase profitability is the Australian subsidiary, which will shed up to 100 employees by the end of March, 2000. Menzies said two Australian regional facilities would be shut down and the main plant at Argenton in New South Wales would also reduce job numbers.
About 40 people will lose their jobs in the US, and 19 employees in Long-Airdox’s British operations will go.
