secwatch.observer — SEC 8-K summary
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Issuer:     KEY TRONIC CORP (KTCC)
CIK:        0000719733
Form:       8-K
Filed at:   2025-12-22T23:59:59+00:00
Accession:  0000719733-25-000112
Event type: other_material
Sentiment:  negative
Materiality: 0.65
Item codes: 2.05, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Key Tronic to cease China manufacturing; $4.8-5.8M non-cash charges; Mexico severance $2.5-3.5M
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- Ends China manufacturing operations; refocuses on sourcing/procurement; manufacturing moved to Vietnam and other facilities.
- Expects $1.1M severance, $0.2M accrued comp, plus $4.8-5.8M non-cash charges for asset transfer/write-offs.
- China plan expected to save ~$1.2M per quarter after completion by Q4 FY2026.
- Mexico facility restructuring adds $2.5-3.5M severance in Q2 FY2026, expected to save ~$2.1M quarterly.
- No material revenue impact expected from China plan; capacity in Vietnam supports relocated demand.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/719733/000071973325000112/0000719733-25-000112-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/719733/000071973325000112/ktcc-20251219.htm
  HTML page:      https://secwatch.observer/filing/0000719733-25-000112

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