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- Asset Impairment (new) — Company recording $14M non-cash equipment write-offs as part of facility closure.
EnerSys closing Tijuana plant, taking $37M charge to shift production to Missouri
Filed March 25, 2026 · Period ending March 25, 2026 · ~1 min read
Key Changes
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Company shuttering Tijuana lead-acid battery facility, eliminating 474 jobs and taking $37M restructuring charge (mostly by H2 FY2027), including $14M equipment write-offs and $23M cash costs for severance and decommissioning.
Item 2.05 verify on EDGAR → -
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Production moving to Springfield, Missouri facility to capture domestic manufacturing tax benefits and reduce tariff exposure; expects $20M annual pre-tax savings starting FY2028, recouping restructuring costs in under two years.
8-K: Restructuring verify on EDGAR → -
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Plans to sell Tijuana land, buildings, and potentially plant equipment; restructuring substantially complete by December 2027.
Item 2.05 verify on EDGAR →
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Source-verified from EDGAR · Narrative written by AI · Jun 4, 2026 · How we verify