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It’s Business As Usual At Mccloskey International

Original source: Peterborough Examiner

Screen Shot 2019-06-13 at 5.11.20 PM.png It's business as usual at McCloskey International after a deal was reached to sell the plant to a Finnish company

Metso Corp. plans to take over the Canadian plant, with the deal slated to close in the fall.

Julie Andras, McCloskey's global marketing and communications manager, said no one will lose their job at the plant because of the sale."It's not foreseeable at all," Andras said of job loss.

In fact, Andras said employees are excited about the news because many of them know Metso.

It provides technology for mining, aggregates, oil and gas, recycling, pulp and paper industries and employs more than 13,000 people in 50 countries

"They know it's a good, solid, ethical company aligned with our values and our culture," Andras said of McCloskey staff.

Employees are looking forward to moving into a new era of the company, but retaining the green branding, she added.

McCloskey's employs nearly 500 people at the Peterborough plant, about 300 at the manufacturing site in Northern Ireland, and roughly 100 staff at a parts company in Milwaukee.

Although McCloskey's already employs close to 1,000 people, Andras said there's always room for more.

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"Because of our growth, and it's been so rapid, there is always an opportunity for more hiring."

She said she doesn't see any changes happening at the equipment manufacturing business in the near future.

"I don't feel there's any great change in direction for the company, per se, at all right now. It's business as usual."

McCloskeys is a mobile aggregate crushing and screening equipment maker.

Pascal McCloskey founded the company in 1985.

Peterborough County Warden J. Murray Jones, the mayor of Douro-Dummer Township, said he can recall the positive effect the new business had on the county.

"What a huge impact McCloskey's has had on the county, not just where it's located, but countywide and city-wide because of the amount of jobs it created," Jones said.

The warden said it would have been a huge blow to the area had Metso decided to move McCloskeys elsewhere.

Metso plans to operate McCloskey as a separate unit from the corporation.

McCloskeys has done more than just create local jobs, Jones said.

"They've kind of become part of the fabric of the community over the years, with all the great charitable work."

The deal between McCloskey and Metso is expected to be finalized at the end of September at a cost of about $420 million.

... GO TO Business As Usual At Mccloskey TO READ MORE

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