Apogee Enterprises Plans Strategic Actions to Reduce Costs; To Cut Workforce By Approximately 250 Employees

+0.92%

Apogee Enterprises, Inc.

APOG

43.96

+0.92%

Project Fortify includes the following strategic changes related to the Architectural Framing Systems (AFS) segment: Eliminating certain lower-margin product and service offerings, enabling the consolidation of AFS into a single operating entity. Transferring production operations from the Company's facility in Walker, Michigan, to the Company's facilities in Monett, Missouri and Wausau, Wisconsin.

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