Brief: CDTI to close Canadian manufacturing facility
11/12/2015 14:25
Dec 11 (Reuters) - Clean Diesel Technologies Inc CDTI.O : * Press release - cdti streamlines operations with closure of Canadian manufacturing facility * Says expects to save approximately $3 million in annual costs * Sees recording about $1.8 million in expenses during the fourth quarter of 2015 to complete actions * Says shutdown is expected to be completed during the first quarter of 2016 * Following closure, cdti intends to consolidate certain commercial and supply chain activities to Oxnard, ca facility * Closing manufacturing facility located in Markham, Ontario to align operating footprint * Source text for Eikon urn:newsml:reuters.com:*:nGNXVEYEPa * Further company coverage CDTI.O ((Bengaluru Newsroom; +1 646 223 8780))