Circor says withdrawing previously disclosed financial guidance for q1 & full year 2020

Circor provides covid-19 related business update.circor international - 23 out of 25 production and service/assembly facilities are in operation.circor international - on march 20, out of an abundance of caution, proactively drew down $80 million on line of credit under existing credit agreement.circor international - co's available cash on hand approximately $171 million at end of march.circor international - withdrawing its previously disclosed financial guidance for q1 & full year 2020.circor international - taken prudent action to maintain financial flexibility, including eliminating all non-critical business expenses, furloughs & pay cuts for leadership.circor international - expects to produce nearly 10,000 units of a key product for a major ventilator manufacturer during q2.circor international - retrofitted one of its factories to produce a key product for a major ventilator manufacturer, with production lines now operating 24 hours per day.
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