{
  "id": 19466744,
  "title": "Mining equipment manufacturer reveals plans to phase out 265 jobs",
  "url": "https://urgent.news/2026/11/11/mining-equipment-manufacturer-reveals-plans-to-phase-out-265-jobs",
  "topic": "world",
  "section": "World",
  "published": "2026-11-11T08:09:54.000Z",
  "source": {
    "name": "ABC News AU",
    "slug": "abc-news-au",
    "url": "https://www.abc.net.au/news/2026-11-11/komatsu-moss-vale-plant-closure-265-jobs/107371848"
  },
  "original_language": "en",
  "account": "Komatsu Mining has announced plans to eliminate 265 jobs at its Moss Vale plant in New South Wales, Australia, as the company prepares to cease operations by 2030. Local business leaders estimate the closure will cost the economy around $20 million annually. Federal Labor MP Carol Berry plans to meet with Komatsu to discuss the plant's closure and worker support measures. Komatsu officials stated that the restructuring aims to simplify operations and adapt to market changes, with work relocating to Rutherford (Hunter Valley) and Rockhampton (Central Queensland) while some fabrication and machining tasks are outsourced to Australian suppliers. Union representatives met with the company to discuss the decision, which has left workers and their families \"devastated.\" Komatsu anticipates transitioning original equipment work to China and outsourcing machining. The closure is expected to impact local businesses and lead to a significant loss in household spending for the region.",
  "summary": "The union describes plans to phase out 265 jobs at a manufacturing plant in the NSW Southern Highlands as a \"gut blow\".",
  "key_points": [
    "Komatsu Mining plans to eliminate 265 jobs at Moss Vale plant by 2030.",
    "Closure estimated to cost local economy $20 million annually.",
    "Work to relocate to Rutherford and Rockhampton, with outsourcing."
  ],
  "editors_take": "Shifting production to China and outsourcing local tasks signals a permanent contraction for the Moss Vale economy as the manufacturer prioritizes simplified operations over regional manufacturing stability.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}