EnerSys to close Monterrey, Mexico battery plant, cutting about 269 jobs
EnerSys said its board approved closing its flooded motive power battery plant in Monterrey, Mexico, with production moving to its Richmond, Kentucky facility. The company expects a pre-tax charge of about $20 million, mostly recorded in the first half of 2025, and about 269 employees to be reduced when the plan is complete. The company expects an estimated pre-tax benefit of $19 million annually beginning in fiscal 2027, which shareholders will need to weigh against the near-term charge.
Key points
- Pre-tax charge of about $20 million, of which $7.6 million is non-cash and $12.4 million is cash
- Monterrey facility closure and production moved to Richmond, Kentucky; plan expected to be substantially complete in calendar 2025
- About 269 employees to be reduced upon completion
- Estimated pre-tax benefit of $19 million annually, beginning fiscal 2027; separate $4.5 million investment in Bielsko-Biala, Poland
The filing
Written by AI on Nov 8, 2026, 1:05 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 01, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.