Brief: Strattec Security Plans To Reduce Manufacturing From A Three-Shift Operation To Two-Shifts In Q1 Of 2025 At Its Milwaukee Location
10/12/2024 22:49
Dec 10 (Reuters) - Strattec Security Corp STRT.O :
* STRATTEC SECURITY CORP - PLANS TO REDUCE MANUFACTURING
FROM A
THREE-SHIFT OPERATION TO TWO-SHIFTS IN Q1 OF 2025 AT ITS
MILWAUKEE LOCATION
* STRATTEC SECURITY CORP - WILL ELIMINATE APPROXIMATELY 20
DIRECT
LABOR ROLES
* STRATTEC SECURITY CORP - CHANGES TO INCLUDE MOVING TO
10-HOUR,
4-DAY WORK WEEK
* STRATTEC SECURITY CORP - WILL BE LISTING ITS MILWAUKEE
FACILITY
ON MARKET FOR SALE
Source text: urn:newsml:reuters.com:*:nBw4vfbLca
Further company coverage: STRT.O
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Strattec Security
See all newsStrattec Security Q4 results flat as better-than-expected vehicle production offset volume declines
Strattec Security Corp expected to post earnings of $1.29 a share - Earnings Preview
Strattec Security Corp expected to post earnings of $1.29 a share - Earnings Preview
Strattec Security Q3 sales fall 4.5% on lower OEM volumes
Brief: Strattec Security Q3 EPS USD 0.78