Koppers Announces Stickney Facility Closure and Financial Impacts
Koppers Holdings announced the wind-down of production at its Stickney, Illinois facility by year-end. The closure is expected to result in pre-tax charges between $227 million and $262 million through 2029 but will generate annualized cash benefits starting from 2027.
Tickers: $KOP
Topics: adjusted EBITDA facility closure financial impact segment performance