Brief: The Eastern Company To Exit Associated Tool Makers Ltd

Eastern

01/05/2023 23:23

May 1 (Reuters) - Eastern Company  EML.O :
    * THE EASTERN COMPANY TO EXIT ASSOCIATED TOOL MAKERS, LTD
    * EASTERN COMPANY - EXPECTS TO RECORD CHARGES TOTALING ABOUT
$4.0
MILLION IN Q2 2023 FOR SEVERANCE, OTHER RELATED COSTS ASSOCIATED
WITH EXITING BUSINESS
    * EASTERN COMPANY - PLANS TO CLOSE ASSOCIATED TOOL MAKERS,
LTD.,
ITS EUROPEAN MOLD TOOLING SERVICE FACILITY BASED IN THE U.K

Further company coverage:  EML.O 

 ((Reuters.Briefs@thomsonreuters.com;))