04:21 PM EST, 12/23/2024 (MT Newswires) -- BGSF ( BGSF ) said late Monday that it implemented a restructuring plan in Q4 that will reduce annual compensation and benefit expenses by about $5 million. The company said it plans to implement more expense reductions in 2025 that are expected to result in savings of $2 million to $4 million. Annual...

04:24 PM EST, 12/23/2024 (MT Newswires) -- Espey Mfg. & Electronics ( ESP ) said Monday it has been awarded a $29.5 million contract, when fully funded, to provide electric power distribution panels for the US Navy's Columbia class submarines. Espey said it was picked by General Dynamics Electric Boat and the US Navy to manufacture components it has designed...

04:23 PM EST, 12/23/2024 (MT Newswires) -- AVITA Medical ( RCEL ) said Monday that the US Food and Drug Administration has approved its premarket approval supplement for Recell Go Mini. The Recell Go Mini disposable cartridge, which is a line extension of the Recell Go system, was designed specifically to treat smaller wounds of up to 480 square centimeters,...

04:18 PM EST, 12/23/2024 (MT Newswires) -- Alpha Pro Tech ( APT ) said late Monday its board approved a $2 million increase in its share repurchase program to $2.8 million. The company plans to retire all shares repurchased under the plan. ...