Brief: Fathom Digital Manufacturing Expects To Incur Pre-Tax Charges Related To Closure Totaling $3.2 Million
25/01/2024 11:10
Jan 25 (Reuters) - Fathom Digital Manufacturing Corp
FATH.N :
* FATHOM DIGITAL MANUFACTURING CORP - ON JAN 19, BOARD
AUTHORIZED
TO CLOSE CO'S MIAMI LAKES, FLORIDA MANUFACTURING FACILITY
* FATHOM DIGITAL MANUFACTURING CORP - EXPECTS TO INCUR
PRE-TAX
CHARGES RELATED TO CLOSURE TOTALING APPROXIMATELY $3.2 MILLION
* FATHOM DIGITAL MANUFACTURING CORP - EXPECTS TO INCUR
SUBSTANTIALLY ALL OF TOTAL CLOSURE-RELATED CHARGES IN Q2 OF 2024
* FATHOM DIGITAL MANUFACTURING CORP - FACILITY IN MIAMI
LAKES
CURRENTLY EMPLOYS ABOUT 50 PEOPLE
* FATHOM DIGITAL MANUFACTURING CORP - ANTICIPATES THAT
INITIATIVE
WILL BE SUBSTANTIALLY COMPLETE BY END OF Q2 OF 2024
Further company coverage: FATH.N
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Fathom Digital Manufacturing
See all newsU.S. RESEARCH ROUNDUP-Home Depot, Palo Alto Networks, Wendys
Brief: Fathom Digital Manufacturing Entered Agreement And Plan Of Merger Into Fathom Holdco LLC
Brief: Fathom Digital Manufacturing Says Co's Some Units, Certain Lenders Under Credit Deal Entered Into A Letter Agreement
Brief: Fathom Digital Manufacturing Expects To Incur Pre-Tax Charges Related To Closure Totaling $3.2 Million
Advisory: Alert wrongly tagged to Core Industrial REIT withdrawn