PITTSBURGH—Fenner P.L.C.'s restructuring program, introduced in 2015, is apparently a work in progress.
Fenner's latest major move, the third in the last year, is the refocusing and restructuring of Engineered Conveyor Solutions Americas' conveyor belt production plants in North America in an effort to overcome a long slump in the mining and oil and gas industries.
ECS Americas, which is headquartered in Pittsburgh and is a major part of the conveyor belt arm of Fenner Dunlop P.L.C., will cut its work force by about 20 percent and close a large portion of its 285,000-sq.-ft. belt manufacturing plant in Port Clinton, Ohio.
There are two sections to the Port Clinton facility, one with much older and less efficient machinery used to manufacture conveyor belts, according to Scott Frenz, vice president of marketing for Fenner Dunlop Americas. That is the part being closed.
“The portion of the plant with newer, more modern and efficient equipment remains in operation ... with appropriate production staffing to operate the facility effectively,” he said.
Franz said the Port Clinton factory will continue to produce heavy duty fabric and steel cord rubber conveyor belting.
ECS Americas' work force currently stands at a little more than 800. Most of the firm's layoffs will occur by the end of January. In terms of the sites impacted by the staff reductions, a spokesman said Fenner was not disclosing locations other than Port Clinton.
Frenz said that the largest staff cuts are occurring at the Port Clinton facility, which primarily makes conveyor belts for the coal and other mining sectors. It is one of two large production plants operated by the business in North America.