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Stock impact report

Key Tronic Corporation Announces Required Temporary Closure of Juarez Facilities Due to COVID-19

Key Tronic Corporation (KTCC) 
Last key tronic corporation earnings: 4/28 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: keytronic.com/home/investor-relations
Company Research Source: GlobeNewswire
SPOKANE VALLEY, Wash., April 23, 2020 (GLOBE NEWSWIRE) -- Key Tronic Corporation (Nasdaq: KTCC), a provider of electronic manufacturing services (EMS), today announced the temporary closure of its Juarez, Mexico production facilities as a result of new restrictions by the Mexican government, which could potentially last until May 30, 2020 (unless further extended). On Tuesday, April 21, 2020, the Mexican government began closing certain manufacturing facilities in Mexico that it believes do not manufacture essential products that are sold directly to Mexican government agencies or businesses within Mexico. Although under U.S. regulations Key Tronic has been classified as an Essential Critical Infrastructure Employer (as defined by the Cybersecurity and Infrastructure Security Agency) and its Juarez facilities do manufacture essential products which are sold back into Mexico, the Mexican government’s shutdown included the Company’s Juarez facilities. Like some other companies simil Show less Read more
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