Finning to shut down Sparwood facilities

On Nov. 12, Finning International announced reductions to 11 facilities across Canada, including their Sparwood location.

On Nov. 12, Finning International announced reductions to 11 facilities across Canada, including their Sparwood location.

The announcement comes on the heals of the release of their third quarter financial numbers, revealing a decrease in profits for the international company. The company reported a 16 per cent decrease in revenues, mostly due to new equipment sales dropping 35 per cent.

Hilary Anaka, head of communications for Finning International, said that while the company is re-structuring some of their services, they plan to continue to have a strong presence in the Elk Valley.

“Today we announced that we are exiting 11 facilities by mid to late next year. It’s important to note that we are not leaving any of those communities; we are just changing how we deliver our service to our customers in those areas,” she said in an interview with The Free Press.

Anaka said the impacts on the 11 facilities include closures, consolidation of activities and relocations.

“In Sparwood specifically, what that means is that we plan to exit the building that we are currently in by mid-next year, so mid 2016. We’re still working through all of the details but I can tell you that we are continuing to work on having a strong presence in the Elk Valley,” Anaka said. “One component of that strong presence will be having heavy equipment technicians that can support and serve customers in our area. We are closing the building that we are in, but we are not leaving the Elk Valley.”

While Anaka didn’t release numbers specifically related to Sparwood, she said Finning expects the Canadian workforce reductions to total 1100 positions, with approximately 24 per cent of those positions affected being in British Columbia.

“Difficult decisions that were necessary given the challenging market conditions. What I can say is that the vast majority of these exits have already taken place,” she said.

While many of the reductions have already occurred, Sparwood operations will be affected in the coming months.

“We are going to be completely exiting our building by mid next year but our shop operations, so the actual shop as part of the facility will close by the end of 2015. But Finning will continue to operate out of that building until mid-2016,” said Anaka.

Sparwood Mayor Cal McDougall said that the restructuring will be hard on the community.

“It’s a blow to the community, for sure. Anytime that people lose their jobs in a community, it’s certainly going to affect the area,” he said.  “Times are tough, there are some real work shortages right now, certainly don’t want them leaving the community. We want them to stick around. We are hoping that this is a transition and that things will come back and we are hoping that it is sooner as opposed to later.”

 

 

 

Just Posted

22 teams compete in Sweetheart Curling Bonspiel

From February 9 to 11, the Sparwood Curling Club hosted it’s annual… Continue reading

Political theatre shines light on womens issues

The Vagina Monologues returned to Fernie last weekend for the second time,… Continue reading

Local rink heading to curling provincials

The Mens Masters East-West playdown took place in Sparwood from February 2-4.… Continue reading

Kootenay East MLA reacts to Throne Speech

Tom Shypitka says speech falls short of intended mark.

Specialist shortage affecting elective surgeries

East Kootenay Regional Hospital recruiting additional anesthetists

REPLAY: B.C. this week in video

In case you missed it, here’s a look at replay-worthy highlights from across the province this week

How to keep local news visible in your Facebook feed

Facebook has changed the news feed to emphasize personal connections. You might see less news.

Calgary man dies in Mexico following sudden illness

Troy Black was with his wife, Lindsay, in Puerto Vallarta when he began vomiting blood on Thursday

Virtue and Moir break their own world record

Virtue and Moir break short dance record to sit first in ice dance at Olympics

Trump gets angry about election meddling, but not at Russia

‘Weirdest thing’: Trump expresses anger, but not over Russian election-meddling

New doping charge could hurt Russia’s chance at reinstatement

Russia could lose its chance to be reinstated before the end of the Winter Olympics because of a doping charge against curling bronze medallist Alexander Krushelnitsky.

‘Black Panther’ blows away box office with $192M weekend

In estimates Sunday, Disney predicted a four-day holiday weekend of $218 million domestically and a global debut of $361 million.

Canada wins gold in bobsleigh

Justin Kripps and Alexander Kopacz tied for first in two-man event at 2018 Winter Olympics

VIDEO: Protesters rally for affordable housing ahead of B.C. budget

Residents call on province to keep locals housed

Most Read