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Stock impact report

James Hardie to Optimize Manufacturing Footprint

James Hardie Industries plc. Ordinary Shares (JHX) 
US:NYSE Investor Relations: ir.jameshardie.com.au/jh/home.jsp
Company Research Source: Business Wire
Initiatives Expected to Generate Annualized Cost Savings of Approximately $25 Million Beginning in Q1 Fiscal Year 2027Company Reaffirms Guidance for the Third Quarter and Full Year of Fiscal Year 2026 SYDNEY & CHICAGO--(BUSINESS WIRE)--James Hardie Industries plc (NYSE / ASX: JHX) ("James Hardie" or the "Company"), a leading provider of exterior home and outdoor living solutions, today announced that it is taking steps to optimize its manufacturing footprint as part of the Company’s ongoing commitment to operational excellence through the Hardie™ Operating System (“HOS”). As part of these actions:The Company’s manufacturing facilities in Fontana, California and Summerville, South Carolina will close within the next 60 days;The sites’ manufacturing operations, which represent approximately 6% of the Company’s year-to-date North American volume, will be absorbed by other facilities; andThe Fontana site’s Innovation and Research & Development functions will remain in operation.Aaron E Show less Read more
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