Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
JELD-WEN Inc (JELD) has shared an announcement.
JELD-WEN Holding, Inc. is streamlining operations by closing its manufacturing facilities in Vista, California, and Hawkins, Wisconsin, with the aim of enhancing operational efficiencies. These closures are expected to result in around $45 million in restructuring expenses and related costs, but will ultimately improve annual pre-tax income by at least $11 million. While the closures should be completed by the end of 2024 and the first quarter of 2025 respectively, the financial estimates are based on current assumptions and may change due to unforeseen events.
For detailed information about JELD stock, go to TipRanks’ Stock Analysis page.
