Brief: Mpac Group Closes Facility In Cleveland, Reduces Capacity In Mississauga
01/07/2025 07:47
July 1 (Reuters) - MPAC Group PLC MPAC.L: MPAC GROUP PLC - TRADING UPDATE MPAC GROUP PLC: Q2 ORDER INTAKE IMPACTED BY TARIFF UNCERTAINTY CAUSING DEFERRAL OF ORDER DECISIONS WHICH WILL IMPACT H2 REVENUE MPAC GROUP PLC: GROUP'S FACILITY IN CLEVELAND OHIO WILL BE CLOSED MPAC GROUP PLC: ALSO REDUCING CAPACITY IN MISSISSAUGA CANADA MPAC GROUP PLC: RESTRUCTURING WILL INCUR NON-CASH IMPAIRMENT CHARGES IN THE REGION OF £11.5M Source text: ID:nRSA0865Pa Further company coverage: MPAC.L ((Reuters.Briefs@thomsonreuters.com;))