Insteel Industries Plans Closing Its Facility In Warren, Ohio; Resulting In Elimination Of Up To 35 Positions; Expects To Incur Restructuring Charge Of $1.9M
Insteel Industries Plans Closing Its Facility In Warren, Ohio; Resulting In Elimination Of Up To 35 Positions; Expects To Incur Restructuring Charge Of $1.9M
Insteel Industries计划关闭其在俄亥俄州沃伦的设施；导致最多35个职位被裁减；预计将产生190万美元的重组费用。
The consolidation of the Company's welded wire manufacturing operations is expected to result in the elimination of up to 35 positions at the Warren facility. It is anticipated that operations at the Warren facility will cease by the end of November 2024. Insteel expects to incur a restructuring charge of approximately $1.9 million related to the facility's closure.
公司焊接钢丝制造业务的整合预计将导致Warren工厂最多裁减35个岗位。预计Warren工厂的运营将在2024年11月底之前停止。Insteel预计将因工厂关闭而产生约190万美元的重组费用。
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