EnerSys to close Tijuana, Mexico battery plant with pre-tax charge of about $37 million
EnerSys said it will close its lead-acid battery manufacturing facility in Tijuana, Mexico, and move most production to its Springfield, Missouri plant. The company expects a pre-tax charge of about $37 million, of which $14 million is non-cash, and an estimated annual pre-tax benefit of about $20 million starting in fiscal 2028. Shareholders face the near-term charge in exchange for projected cost savings, and the restructuring is expected to be substantially complete by December 2027.
Key points
- Pre-tax charge of about $37 million: $14 million non-cash, mainly equipment write-offs, and about $23 million in cash charges
- Estimated annual pre-tax benefit of about $20 million, beginning in fiscal year 2028
- Reduction of about 474 employees upon completion; the company also plans to sell the Tijuana land and buildings and possibly plant and equipment
- Restructuring expected to be substantially complete by December 2027, with most charges incurred by the second half of fiscal year 2027
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 March 25, 2026.
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.