- Associated Press - Thursday, October 1, 2015

FRANKLIN, Pa. (AP) - A northwestern Pennsylvania company that manufactures mining machinery is laying off 85 workers beginning Nov. 20.

The (Oil City) Derrick (http://bit.ly/1PPRfAZ) reports Joy Global confirmed the date and the number of affected workers on Wednesday. The company announced the layoffs in August but hadn’t said how many workers would be affected.

The Pennsylvania operation is in Franklin, about 70 miles north of Pittsburgh. It is one of several owned by Milwaukee-based Joy Global Inc.

The company has been losing sales for about three years, blaming China’s economic slowdown for diminishing demand for coal and mineral mining. Low natural gas prices and increased U.S. oil production have also hurt the coal industry.

The workers qualify for benefits under the Fair Trade Act because they’re being laid off before Nov. 26.

LOAD COMMENTS ()

 

Click to Read More

Click to Hide