Komatsu closes Moss Vale factory, cutting 265 jobs by 2030
Komatsu will shut its Moss Vale plant by 2030, phasing out about 265 jobs as work shifts to other states and China.
Komatsu Mining said it will close its Moss Vale factory in NSW's Southern Highlands by 2030. The closure will cut about 265 jobs across six phases.
Work will shift to Rutherford in the Hunter Valley and Rockhampton in Queensland. Some factory work will be sent overseas.
Manufacturing union organiser Nathan Everson said workers were "blindsided" by the news. Local business leaders say the region will lose about $20 million a year in household spending if workers leave.
The company said the changes are needed to make operations simpler and respond to market changes. Federal and state politicians have promised to push Komatsu on worker support during the transition.
- 265
- Jobs to be cut
- 20 million dollars
- Annual economic impact
- 2030
- Closure timeline
- 6
- Job loss phases
Why it mattersSkilled manufacturing jobs are leaving a region that already struggles to attract employment. This threatens family incomes. It also threatens local supplier businesses.
AustraliaNSW loses 265 skilled factory jobs and faces a $20 million annual hit to the Southern Highlands economy, with flow-on effects for engineering firms and component suppliers.
Corroborated bycedarnews.net
✓ Claims checked against the source. checked 10 h ago
