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計劃關閉其俄亥俄州禾倫工廠;將導致最多35個職位被裁減;預計將產生190萬美元的重組費用。
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.
公司焊接鋼絲製造業務的整合預計將導致Warren工廠最多裁減35個崗位。預計Warren工廠的運營將在2024年11月底之前停止。Insteel預計將因工廠關閉而產生約190萬美元的重組費用。