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    EPI A — Epiroc AB News Story

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    Brief: Epiroc To Consolidate North American Drilling Tools Manufacturing

    Picture of Epiroc AB logoEpiroc AB
    21/05/2025 07:33
    May 21 (Reuters) - Epiroc AB EPIRa.ST:

EPIROC TO CONSOLIDATE NORTH AMERICAN DRILLING TOOLS MANUFACTURING

WILL CONSOLIDATE SOME OF ITS DRILLING TOOLS MANUFACTURING FROM CANADA TO MEXICO TO INCREASE EFFICIENCY

AS A RESULT, MANUFACTURING SITE IN LANGLEY, CANADA, WILL BE CLOSED

RELOCATION OF PRODUCTION EQUIPMENT FROM CANADA TO MEXICO WILL BEGIN IN Q3 2025

AROUND 65 EMPLOYEES WILL BE AFFECTED AND EPIROC WILL HAVE RESTRUCTURING COSTS OF APPROXIMATELY MSEK 70 (EXCLUDING TAX IMPACTS) IN Q2 2025

BUSINESS TO BE MOVED BELONGS TO TOOLS DIVISION.

Source text: ID:nWkrbWKJxH

Further company coverage: [EPIRa.ST]

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))

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