Nordson moving operations out of state; 114 local employees affected [Yahoo! Finance]
Nordson Corporation (NDSN)
Last nordson corporation earnings: 2/19 04:30 pm
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nordson.com/en/our-company/investors
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Source: Yahoo! Finance
AMHERST, Ohio (WJW) – Nordson Corporation, a Westlake-based adhesive manufacturing company, is moving operations in Amherst out of the state. According to the notice, the Westlake-headquartered business is relocating its manufacturing operations at 555 Jackson Street, 444 Gordon Avenue, 200 Nordson Drive and 100 Nordson Drive in Amherst to a facility in Clinton, South Carolina. The notice says 114 employees will be affected, including 101 workers represented by the Local Lodge No. 1802 of the International Association of Machinists and Aerospace Workers. Non-manufacturing employees aren't affected, according to the notice. The notice says the move is permanent, but operations will continue in Amherst through the transition period. “We expect the transition to occur in phases and separations will begin on December 6, 2024, and are expected to be completed by the end of April 2025,” the notice said. FOX 8 reached out to Nordson for a statement. Read the full notice here.
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News
- Nordson Benefits From Industrial Precision Unit Amid Headwinds [Yahoo! Finance]Yahoo! Finance
- Nordson Corporation Declares First Quarter Dividend for Fiscal Year 2025Business Wire
- Nordson Co. (NASDAQ: NDSN) was upgraded by analysts at Seaport Res Ptn from a "hold" rating to a "strong-buy" rating.MarketBeat
- Nordson Co. (NASDAQ: NDSN) was downgraded by analysts at Baird R W from a "strong-buy" rating to a "hold" rating.MarketBeat
- Nordson Co. (NASDAQ: NDSN) had its price target lowered by analysts at DA Davidson from $295.00 to $285.00. They now have a "buy" rating on the stock.MarketBeat
NDSN
Earnings
- 12/11/24 - Beat
NDSN
Sec Filings
- 12/23/24 - Form 4
- 12/23/24 - Form 4
- 12/23/24 - Form 4
- NDSN's page on the SEC website