- Company expects to incur $37 million pre-tax charge, including $14 million non-cash equipment write-offs
- Majority of charge to be incurred by the second half of fiscal 2027
- Restructuring aims to deliver annual pre-tax benefit of $20 million beginning in fiscal 2028
- Plan optimizes cost structure and maximizes near-term advanced manufacturing production tax benefits
To view the source of this information, click
To contact the reporter on this ...
Learn more about Bloomberg Tax or Log In to keep reading:
See Breaking News in Context
From research to software to news, find what you need to stay ahead.
Already a subscriber?
Log in to keep reading or access research tools and resources.
