Littelfuse, Inc.
Location
Illinois
Founded
1927-02-28
Website
Risk Signals
1474 news mentions monitored
Industry Context
This company is tracked across risk categories, including those related to its sector (e.g., Switchgear and Switchboard Apparatus, Electronic Components, Not Elsewhere Classified), including supply chain integrity, ESG practices, labor disputes, and regulatory compliance.
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Recent Articles about Littelfuse, Inc.
Live alerts from global media, monitored by Business Radar
2009-05-20 (marketwatch.com)
Littelfuse to revamp via consolidation, job cuts -
TEL AVIV (MarketWatch) -- Litttelfuse Inc., the Chicago provider of circuit-protection products and solutions, said it would take a number of efficiency measures and book pretax charges of $5 million to $8 million over several quarters. Littelfuse expects to save $7 million a year from the restructuring. The company plans to transfer manufacturing from its Duensen, Germany, site to Mexico, while leaving R&D, sales and other functions in Germany. It will negotiate that transfer with the workers council in Germany. In addition, it will negotiate closure of a distribution center in the Netherlands; thereafter, Littelfuse said it would distribute products in Europe through a third party. The company said it would consolidate a wafer-fabrication facility in Taiwan into Wuxi, China. And it plans other consolidations and job cuts.
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2009-05-20 (marketwatch.com)
Littelfuse to revamp via consolidation, job cuts -
TEL AVIV (MarketWatch) -- Litttelfuse Inc., the Chicago provider of circuit-protection products and solutions, said it would take a number of efficiency measures and book pretax charges of $5 million to $8 million over several quarters. Littelfuse expects to save $7 million a year from the restructuring. The company plans to transfer manufacturing from its Duensen, Germany, site to Mexico, while leaving R&D, sales and other functions in Germany. It will negotiate that transfer with the workers council in Germany. In addition, it will negotiate closure of a distribution center in the Netherlands; thereafter, Littelfuse said it would distribute products in Europe through a third party. The company said it would consolidate a wafer-fabrication facility in Taiwan into Wuxi, China. And it plans other consolidations and job cuts.
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(benzinga.com)
Littelfuse Cuts Prelim. Q2 Adj. EPS Guidance From $2-$2.14 To $1.91 vs $2.03 Estimate, Sales From $409M-$421M To $398M vs $412.9M Est. - Littelfuse (NASDAQ:LFUS) -
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