---
schema_version: "secwatch.filing_event.v1"
accession: "0000352825-23-000102"
form_type: "8-K/A"
ticker: "FSTR"
cik: "0000352825"
company_name: "FOSTER L B CO"
filed_at: "2023-10-27T23:59:59+00:00"
generated_at: "2026-06-09T07:27:58.681772+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# L.B. Foster revises exit costs up to $4.5-4.8M for bridge grid deck product line exit

## Summary
- Non-cash impairment charges increased to $2.2-2.3M from $1.4-1.5M.
- Cash exit costs now expected $2.3-2.5M vs. prior $1.2-1.4M.
- Total product line exit costs revised to $4.5-4.8M, up from $2.6-2.9M.
- Cash severance and retention unchanged at $1.0-1.2M.
- Exit expected substantially complete by December 31, 2023 in Steel Products segment.

## SEC filing metadata
- accession: 0000352825-23-000102
- form_type: 8-K/A
- ticker: FSTR
- cik: 0000352825
- company_name: FOSTER L B CO
- filed_at: 2023-10-27T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.05, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/352825/000035282523000102/0000352825-23-000102-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/352825/000035282523000102/fstr-20230825.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000352825-23-000102
- JSON: https://secwatch.observer/filing/0000352825-23-000102.json
- Plain text: https://secwatch.observer/filing/0000352825-23-000102.txt

## Key facts
- Restructurings & Charges
  FOSTER L B CO announced a restructuring with charges of $4.5 to $4.8 million affecting Steel Products and Measurement operating segment.
  - Type: restructuring
  - Charge: $4.5 to $4.8 million
  - Affected area: Steel Products and Measurement operating segment
  source text: Total costs associated with the product line exit are now expected to range between $4.5 to $4.8 million, up from $2.6 to $2.9 million in the Original Filing.
  evidence_url: https://www.sec.gov/Archives/edgar/data/352825/000035282523000102/0000352825-23-000102-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.