BRIEF-Strattec Security Plans To Reduce Manufacturing From A Three-Shift Operation To Two-Shifts In Q1 Of 2025 At Its Milwaukee Location

Reuters12-11

Dec 10 (Reuters) - Strattec Security Corp STRT.O:

STRATTEC SECURITY CORP - PLANS TO REDUCE MANUFACTURING FROM A THREE-SHIFT OPERATION TO TWO-SHIFTS IN Q1 OF 2025 AT ITS MILWAUKEE LOCATION
STRATTEC SECURITY CORP - WILL ELIMINATE APPROXIMATELY 20 DIRECT LABOR ROLES
STRATTEC SECURITY CORP - CHANGES TO INCLUDE MOVING TO 10-HOUR, 4-DAY WORK WEEK
STRATTEC SECURITY CORP - WILL BE LISTING ITS MILWAUKEE FACILITY ON MARKET FOR SALE

Source text: nBw4vfbLca

Further company coverage: STRT.O

((Reuters.Briefs@thomsonreuters.com;))

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