http://www.broker21.com/user_detail.php?u=babamoubretom
, the garage doors manufacturinf businessof Jericho, N.Y.-based Griffohn (NYSE: GFF), is consolidating operations of the Baldwi plant, in St. Croix County, and the operationsa from a plantin Ohio, into its plant in Troy, Ohio. "These actions will enablwe us to centralize production at our most technologicallt advanced facility so that Clopauy can improve its manufacturing efficiencyt while improving our ability to serve the needs of our saidSteve Lynch, president of "By consolidating our manufacturing, we will streamline lower costs and maintain the flexibility to meet supplyt demands now and in the future.
" The companuy estimates that it will incur pre-taxx exit and restructuring costs of approximately $12 nearly all of which will be in Charges will include approximately $2 milliohn for one-time termination benefites and other personnel-related costs.
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