(Reuters) - The company, which made the disclosure in a regulatory
filing with the U.S. Securities and Exchange Commission, said
it will discontinue the production of ceramics at its Queimados
manufacturing facility in Brazil.
It will relocate manufacturing of the remaining products to
more "cost-effective" locations, and expects the move to
eventually save about $7 million in costs annually, it said.
Read more at Reuters.com Mergers News
filing with the U.S. Securities and Exchange Commission, said
it will discontinue the production of ceramics at its Queimados
manufacturing facility in Brazil.
It will relocate manufacturing of the remaining products to
more "cost-effective" locations, and expects the move to
eventually save about $7 million in costs annually, it said.
Read more at Reuters.com Mergers News
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