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
- How one woman unplugged from technology for...
- It can cost you $12,000 a year to buy...
- Join the crowds by listing your home in spring
- Utah construction companies fined, ordered to...
- Suit challenges HollyFrontier Refinery expansion
- Internet billionaires face off in renewed...
- Can a company really be altruistic?
- Corinthian Colleges closes all 28 remaining...
- What could McDonald's do to fix its... 11
- Utah construction companies fined,... 8
- How one woman unplugged from technology... 6
- It can cost you $12,000 a year to buy... 5
- Photos: Sharing birthday wishes 2
- First lady: Tech industry to train,... 1
- Greece under fire from creditors as... 1
- Diet Pepsi dropping aspartame on... 1