Tpi composites to temporarily cut, suspend production at certain of its facilities
Tpi composites, inc. announces temporary reductions and suspensions of production at certain of its facilities and updated financial outlook.tpi composites inc - is operating its other manufacturing facilities at normal production levels, including its manufacturing facilities in china.tpi composites inc - will operate its izmir, turkey manufacturing facilities at approximately 50% capacity during first half of april.tpi composites inc - is currently operating its chennai, india, manufacturing facility with a skeleton staff through april 15, 2020.tpi composites inc - is updating its financial guidance issued on february 27, 2020 for year ending december 31, 2020.tpi composites inc - sees adjusted ebitda for year ending december 31, 2020 will be at lower end of previously announced range of $100 million to $125 million.tpi composites - stated that it will operate its izmir, turkey manufacturing facilities at approximately 50% capacity during first half of apri.tpi composites - is currently operating its chennai, india, manufacturing facility with a skeleton staff through april 15, 2020.tpi composites inc - will temporarily operate its matamoros, mexico facility at reduced capacity beginning on april 3, 2020 through april 30, 2020.
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