SALT LAKE CITY — Despite an otherwise strong economy, the Utah operations of a global engineering firm is reducing its workforce.
FLSmidth & Co. announced it would cut 78 jobs from its local employee base.
Based in Copenhagen, Denmark, the company employs more than 15,000 worldwide, including about 700 people in Utah. The company supplies the minerals and cement industries with engineering expertise, single machines and complete processing plants, maintenance, support services, and operation of processing facilities, according to the FLSmidth website.
All the layoffs have occurred in the minerals processing division, said FLSmidth communications manager Jodi Monaco.
“Mining can be very cyclical,” she said. “This is a response to the cyclical nature of the mining to scale the business according to the amount of revenue coming in.”
Monaco said the global enterprise operates four business divisions, including cement, customer services, material handling and minerals processing. The Utah operations focus mostly on minerals processing, she added.
While company officials are disappointed by the recent decline in demand for mineral processing, history has shown that the cycle will turn around, Monaco said.
— Jasen Lee
- Shoppers skip turkey for a shot at...
- Barbie can be an engineer, but only if the...
- 4 reasons why you shouldn't shop on Black Friday
- BLACK FRIDAY LIVE: Protests, beer and prison
- Here's how much you can expect to spend on...
- 5 ways to talk about money with your family...
- Our complete guide to Black Friday, Cyber...
- Immigration reform will boost the economy,...
- Shoppers skip turkey for a shot at... 13
- Working on Thanksgiving Day? Here's why... 12
- Immigration reform will boost the... 7
- Barbie can be an engineer, but only if... 7
- Thanksgiving trumps Black Friday for deals 4
- Facing health law hikes, consumers mull... 4
- Salt Lake City opens door for rideshare... 2
- 5 ways to talk about money with your... 2