I will be the first to admit that I was more than a little surprised at yesterday’s announcement that Terex was to create dedicated “centres of excellence” for crushing and screening. Don’t get me wrong; I am all for the concept of excellence, it just seemed strange that Terex was putting such a positive spin on an industry that is teetering on the bring of an economic precipice.
Today’s announcement that Powerscreen is to cut another 90 jobs seems far more in keeping with the current economic climate.
