CEO announced a footprint reduction last year and hid strategy.... I'm on the Aerospace side and in the last 4 months I know Albuquerque, part of Grier, Renton, Wichita, and Coon Rapids all officially announced closure and I don't think that is anywhere near the fifty percent goal. More to come.
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Torrance is not a super fund site per epa.gov
He also wants to see Phoenix consolidated into fewer sites. All sites have been reviewed just waiting now.
Oh Darius just get it over with fire all the Americans and only employ Indians.
Smaller Aero sites and ones that have been targeted before should keep their eyes and ears open. Tulsa, Rocky Mount, PEI (will Canada cough up more money?), Torrance (Super Fund site may continue to save you).
OP copied my comment from the Olathe thread, including a typo I made..."hid strategy" is supposed to be "hub strategy".
I don't think the strategy is at all hidden.
Darius said at least 50% site reduction. This past earnings call he said he will explain more during the May Investors conference call which is open to the public. Stay tuned and tune in!