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Helios Technologies Assessing Impact of Hurricane Milton on Florida Properties, Operations
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Helios Technologies Assessing Impact of Hurricane Milton on Florida Properties, Operations
Oct 10, 2024 11:30 PM

04:33 PM EDT, 10/10/2024 (MT Newswires) -- Helios Technologies ( HLIO ) late Thursday said it was still assessing the extent of potential impact of Hurricane Milton on its operations and financial performance after its corporate headquarters and subsidiary Sun Hydraulics in Sarasota, Florida, were in its direct path.

The company is talking with its property and casualty insurers to measure the physical damage to its facilities and minimize its financial impact.

"Our objective is to have our affected locations up and running again as quickly as possible," Interim Helios President and Chief Executive Sean Bagan said in a statement, adding the company would provide more information as it becomes available.

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