The Free Press, November 19, 2015

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GHOSTRIDERS

Two losses on home ice - Page 19 ENTERTAINMENT

Murder Murder at the Royal - Page 11 SPARWOOD

A family lays a wreath at the cenotaph outside the Elkford District Office during the Remembrance Day ceremony on Nov. 11. For more on Remembrance Day throughout the Elk Valley, turn to page 15. Photo by L. Scheitel

Finning to shut down Sparwood facilities Elk Valley Christmas Store- Page 7

ARTS

Artist crafts leather and lamps - Page 12

By Leah Scheitel Free Press Staff

O

n 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

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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. Continued on page 2

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