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Stock impact report

Apogee Cuts 58 Jobs In Mesquite: Layoffs Hit Jan 3 Amid CEO Shakeup [Yahoo! Finance]

Kennametal Inc. (KMT) 
Last kennametal inc. earnings: 2/3 04:01 pm Check Earnings Report
US:NYSE Investor Relations: kennametal.gcs-web.com/investor-overview
Company Research Source: Yahoo! Finance
The Minnesota-based architectural products company notified the Texas Workforce Commission that 58 positions are expected to be eliminated at its Mesquite location, website says the firm is a leader in designing and installing large-scale building façades, including systems that aim to reduce energy consumption and protect structures from hurricanes and blasts. The Mesquite layoffs occur as the company undergoes a leadership change. On October 31, Apogee announced that Board Chair Donald A. Nolan had been appointed as Chief Executive Officer, succeeding Ty R. Silberhorn. The company press release said that it will begin evaluating both internal and external candidates for the permanent CEO role. Silberhorn stated in the announcement, “It has been an honor and privilege to lead Apogee for nearly five years.” Nolan, who previously led Kennametal Inc. and held senior leadership roles with Avery Dennison Corporation, said he intends to continue pursuing what he described as a “grow Show less Read more
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