Apogee Enterprises Plans Strategic Actions to Reduce Costs; To Cut Workforce By Approximately 250 Employees
Author: Benzinga Newsdesk | January 30, 2024 05:59pm
Project Fortify includes the following strategic changes related to the Architectural Framing Systems (AFS) segment: Eliminating certain lower-margin product and service offerings, enabling the consolidation of AFS into a single operating entity. Transferring production operations from the Company's facility in Walker, Michigan, to the Company's facilities in Monett, Missouri and Wausau, Wisconsin.
Posted In: APOG