BRIEF-EnerSys Announces Strategic Manufacturing Restructuring Tijuana, Mexico Facility Closure And Optimization Of U.S. Manufacturing Footprint

Reuters

2 hours ago

March 25 (Reuters) - EnerSys ENS.N:

ENERSYS ANNOUNCES STRATEGIC MANUFACTURING RESTRUCTURING: TIJUANA, MEXICO FACILITY CLOSURE AND OPTIMIZATION OF U.S. MANUFACTURING FOOTPRINT
ENERSYS - TO TRANSITION MAJORITY OF TIJUANA PRODUCTION TO SPRINGFIELD, MISSOURI TPPL PLANT
ENERSYS - EXPECTS PRE-TAX CHARGE OF $37 MILLION INCLUDING $14 MILLION NON-CASH BY H2 FY2027
ENERSYS - EXPECTS $23 MILLION IN CASH CHARGES FOR SEVERANCE, DECOMMISSIONING, AND CLEANUP
ENERSYS - RESTRUCTURING EXPECTED TO DELIVER ANNUAL PRE-TAX BENEFIT OF $20 MILLION BEGINNING FY2028

Source text: ID:nBw9bL1k8a

Further company coverage: ENS.N

((Reuters.Briefs@thomsonreuters.com;))

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