EnerSys to Shut Down Mexico Plant & Shift Production to US

EnerSys (ENS) recently announced its strategic restructuring plan to boost manufacturing productivity and focus more on its higher-performance battery technologies like Thin Plate Pure Lead and lithium-ion.The realignment plan will involve ENS ceasing operations in its flooded lead-acid battery manufacturing plant based in Monterrey, Mexico. EnerSys will move the production to its manufacturing facility in Richmond, KY. The move will allow the company to mitigate risks related to any future potential tariff ...