Epiroc to exit handheld drilling consumables business in China

Stockholm, Sweden: Epiroc AB, a leading productivity partner for the mining and infrastructure industries, has decided to restructure the manufacturing of handheld rock drilling equipment and tools in China, exiting unprofitable businesses. It is part of Epiroc’s ongoing actions to optimize its product portfolio and exit non-core areas to increase focus and efficiency.The restructuring mainly involves closure of the production facility for handheld drilling consumables in Shandong, China, and divestment of certain assets. It is expected to be finalized by year-end 2019. The business has