Constellium (CSTM) has released an update.
Constellium SE has reported that its facilities in Sierre and Chippis, Switzerland, are currently shut down due to severe flooding from the Rhone River, although thankfully all employees are safe. The company is unable to determine the full extent of the damage or predict when production will resume. Efforts are underway to work with customers and suppliers to find alternative solutions during the cleanup, while further updates will be provided as the situation develops.
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