SMS Equipment, a company specializing in heavy machinery such as loaders and dump trucks, are initiating employee cutbacks similar to their competitors. These cutbacks have been conducted throughout the company and have in turn effected the Elkford location.
“SMS Equipment is experiencing layoffs along with our customers and the whole industry,” said Jim Prince, Operations Manager of SMS Equipment in Elkford.
Prince attributes the employment changes to the economic climate.
“These are difficult decisions for SMS Equipment and the industry. It is hard on employees, their families and the community as a whole. The economic climate continues to challenge us,” said Prince.
This has happened before at the Elkford location and the company believes they will bounce back.
“We have rebounded with the Elk Valley community before and will do so again; we just do not know when that rebound will be,” said Prince.
The Operations Manager looks forward to the future of the company in the Elk Valley.
“SMS Equipment has operated in the valley for over 30 years and is looking to continue operating here for many more years,” said Prince.