Other Epiroc production facilities in Kalmar and Fagersta, Sweden, and Dermbach, Germany, will absorb the manufacturing traditionally done at the Eseen site, which is earmarked for closure by the end of 2025. Around 130 employees will be affected.
“We regret that this consolidation will affect our colleagues in Essen. These actions, however, are necessary to safeguard that we remain competitive within hydraulic attachment tools,” says Helena Hedblom, Epiroc’s President and CEO. “We will ensure that our customers get the best products and solutions possible.”
The Tools & Attachments business restructuring cost is estimated at around SEK 155 million (€13.28mn) and will be reported in Q4 2023.
Hydraulic attachment tools, typically attached to excavators, are used in construction, demolition, recycling, and rock excavation applications.
Epiroc also manufactures hydraulic attachment tools in the United States, India and South Korea.
Epiroc has decided to cease production at its relatively minor rotary pipes and accessories facility in Perth, Australia to increase efficiency and promote sustainable profitability. Epiroc aims for all the facility’s employees to be offered new jobs within the company. This facility also belongs to the Tools & Attachments segment.
