Picture of Norsk Hydro ASA logo

0Q11 — Norsk Hydro ASA News Story

0.000.00%
gb flag iconLast trade - 00:00
Basic MaterialsAdventurousLarge CapSuper Stock

Brief: Hydro Has Decided To Close Extrusion North America's Facilities

BRIEF-Hydro Has Decided To Close Extrusion North America's Facilities 

- Norsk Hydro ASA NHY.OL:

  • HYDRO HAS DECIDED TO CLOSE EXTRUSION NORTH AMERICA'S FACILITIES IN CITY OF INDUSTRY, CALIFORNIA, AND DELHI, LOUISIANA. BOTH FACILITIES WILL CLOSE DURING 2027

  • SAYS CLOSURES TO AFFECT ABOUT 350 EMPLOYEES IN TOTAL

  • SAYS SITES FACE LOW CAPACITY UTILIZATION AND REQUIRE SIGNIFICANT CAPITAL INVESTMENT

  • BEGINS TRANSFERRING PRODUCTION TO OTHER NORTH

Source text: [ID:link]

Further company coverage: NHY.OL


(Gdansk Newsroom)

((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))

Recent news on Norsk Hydro ASA

See all news