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BRIEF-Fathom Digital Manufacturing Expects To Incur Pre-Tax Charges Related To Closure Totaling $3.2 Million

Reuters01-25

Jan 25 (Reuters) - Fathom Digital Manufacturing Corp

:

* FATHOM DIGITAL MANUFACTURING CORP - ON JAN 19, BOARD AUTHORIZED TO CLOSE CO'S MIAMI LAKES, FLORIDA MANUFACTURING FACILITY

* FATHOM DIGITAL MANUFACTURING CORP - EXPECTS TO INCUR PRE-TAX CHARGES RELATED TO CLOSURE TOTALING APPROXIMATELY $3.2 MILLION

* FATHOM DIGITAL MANUFACTURING CORP - EXPECTS TO INCUR SUBSTANTIALLY ALL OF TOTAL CLOSURE-RELATED CHARGES IN Q2 OF 2024

* FATHOM DIGITAL MANUFACTURING CORP - FACILITY IN MIAMI LAKES CURRENTLY EMPLOYS ABOUT 50 PEOPLE

* FATHOM DIGITAL MANUFACTURING CORP - ANTICIPATES THAT INITIATIVE WILL BE SUBSTANTIALLY COMPLETE BY END OF Q2 OF 2024

Further company coverage:

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

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