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Stock impact report

EnerSys Announces Strategic Manufacturing Restructuring: Tijuana, Mexico Facility Closure and Optimization of U.S. Manufacturing Footprint

EnerSys (ENS) 
Last enersys earnings: 2/5 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investor.enersys.com
Company Research Source: Business Wire
READING, Pa.--(BUSINESS WIRE)--EnerSys (NYSE: ENS), a global leader in stored energy solutions for industrial applications, today announced a strategic manufacturing realignment to enhance operational efficiency. As part of this initiative, EnerSys will close its legacy lead-acid battery manufacturing facility in Tijuana, Mexico, and transition the majority of production to its existing proprietary advanced Thin Plate Pure Lead (TPPL) plant in Springfield, Missouri, leveraging its investments to expand capacity within its U.S. manufacturing network.EnerSys’ proprietary TPPL technology delivers greater power density and superior discharge performance compared to legacy valve-regulated lead-acid batteries. TPPL solutions are well suited for modern data center applications that require reliable, high-output power over shorter discharge intervals, supporting increasingly demanding uptime and performance requirements.EnerSys expects to incur a pre-tax charge of approximately $37 millio Show less Read more
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