Brief: Sypris Solutions says "moving forward" with exploration of strategic options for Louisville, Kentucky plant

Sypris Solutions

29/11/2016 21:33

Nov 29 (Reuters) - Sypris Solutions Inc  SYPR.O  
    * Approved moving forward with exploration of strategic 
options for Louisville, Kentucky automotive & commercial vehicle 
manufacturing plant 
    * Implementation of any such option is targeted to be 
completed before end of 2017 
    * Strategic options for Louisville, Kentucky plant include 
divestiture of plant, reduction in operations, and/or closure of 
plant 
    * Unable at this time to make a good fath estimate of range 
of amounts that may be incurred in connection with exit and 
disposal plan 
 
Source text for Eikon:  ID:nEOLbFxpFm  
Further company coverage:  SYPR.O  
 
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