Layoffs continue for those businesses tied to the coal industry.
In a news release issued by Walker Machinery, the company said declines in economic and market conditions in West Virginia coal industry as the reasons for announcing a total of 77 employees to be part of layoffs.
“Due to slow economic conditions, deterioration in market conditions, and no signs of future improvement for some time in West Virginia and the coal industry, Walker Machinery has had to make the difficult decision to right size its branches affected by these conditions which includes a layoff of around 77 employees,” the Walker Machinery press release stated. “The company’s priorities during this time are respect for employees and their families and serving our customers.”
Prior to this announcement, in an effort to right size the organization employees company-wide were offered opportunities for other positions in other areas of the company’s territory with opportunities for relocation packages.
Walker Machinery Company was founded in West Virginia in 1950. The company has approximately 500 employees with facilities in nine cities across West Virginia and South Eastern Ohio.
In addition to CAT equipment sales, parts, service, and rentals, Walker Machinery Company is also the local dealer for Sullair, Rhodes, Genie, Wacker, Allmand, and other construction, industrial, mining, paving, and forestry equipment.
“Walker Machinery always strives to be the customer-preferred supplier of quality products and superior value-added support services in all markets we serve,” the company said. “Our business conduct will reflect the highest ethical standards while enhancing the professional, economic, and personal growth of our employees, stockholders, suppliers and community.”