EnerSys Announces Strategic Manufacturing Restructuring Tijuana, Mexico Facility Closure And Optimization Of U.S. Manufacturing Footprint

March 25 (Reuters) - EnerSys ENS.N:

• ENERSYS ANNOUNCES STRATEGIC MANUFACTURING RESTRUCTURING: TIJUANA, MEXICO FACILITY CLOSURE AND OPTIMIZATION OF U.S. MANUFACTURING FOOTPRINT

• ENERSYS - TO TRANSITION MAJORITY OF TIJUANA PRODUCTION TO SPRINGFIELD, MISSOURI TPPL PLANT

• ENERSYS - EXPECTS PRE-TAX CHARGE OF $37 MILLION INCLUDING $14 MILLION NON-CASH BY H2 FY2027

• ENERSYS - EXPECTS $23 MILLION IN CASH CHARGES FOR SEVERANCE, DECOMMISSIONING, AND CLEANUP

• ENERSYS - RESTRUCTURING EXPECTED TO DELIVER ANNUAL PRE-TAX BENEFIT OF $20 MILLION BEGINNING FY2028