04:56 PM EDT, 03/25/2026 (MT Newswires) -- EnerSys ( ENS ) said late Wednesday it will shutter its lead-acid battery manufacturing unit in Mexico and move the majority of production to its Thin Plate Pure Lead plant in Springfield, Missouri, to boost capacity within the US.
EnerSys ( ENS ) expects to incur a pre-tax charge of $37 million due to the strategic manufacturing realignment, comprising a $14 million non-cash charge primarily from equipment write-offs, according to the company.
The remaining $23 million in cash charges include severance, decommissioning, and cleanup related to the facility, the company stated.
The company said it expects restructuring to deliver an annual pretax benefit of $20 million, starting fiscal year 2028.
EnerSys ( ENS ) estimates there will be a reduction of about 474 employees upon completion of the plan, according to a regulatory filing.