FilingReader Intelligence

Suprajit restructures controls division across three countries

July 16, 2025 at 05:59 AM UTCBy FilingReader AI

Suprajit Engineering is restructuring its Controls Division across multiple countries.

Mexico operations will consolidate from Juarez to Matamoros, with some high-value products moving to Wichita, USA. The Juarez plant closes by December 2025, costing ~$500K but saving ~$750K annually.

Canada will consolidate two facilities into a single 30,000 sq.ft. facility by end-September with minimal financial impact.

Germany operations are rightsizing following relocations to Morocco and Hungary, incurring ~€1.1M expense but generating ~€850K annual savings.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

BSE:SUPRAJITBombay Stock Exchange

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