EnerSys to close Tijuana battery plant; pre-tax charge rises to $37 million

Reuters
2 hours ago
EnerSys to close Tijuana battery plant; pre-tax charge rises to $37 million
  • EnerSys announced a manufacturing realignment that includes closing its lead-acid battery facility in Tijuana, Mexico.
  • Most production will shift to the company’s Thin Plate Pure Lead plant in Springfield, Missouri.
  • The plan includes an estimated pre-tax charge of about 37.0 million, including 14.0 million in non-cash charges.
  • Cash charges are expected to total about 23.0 million for severance, decommissioning, and cleanup.
  • The restructuring is expected to generate an annual estimated pre-tax benefit of about 20.0 million.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. EnerSys Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202603251615BIZWIRE_USPR_____20260325_BW304243) on March 25, 2026, and is solely responsible for the information contained therein.

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