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GrafTech estimates $25M-$35M in non-cash charges for Mexico facility closure
EAFGraftech International Ltd
GrafTech International Ltd. updated its disclosure regarding the permanent cessation of manufacturing operations at its graphite electrode and pin facility in Monterrey, Mexico. The company finalized estimates of non-cash charges associated with this closure, totaling approximately $25 million to $35 million. This amount comprises roughly $12.3 million in fixed asset write-offs, with the remainder attributed to accelerated depreciation. Additionally, GrafTech expects one-time cash expenditures for the closure to range between $20 million and $25 million, with most costs incurred by the end of 2027. The company operates in the manufacturing of graphite electrodes and related products.