GrafTech to permanently close Monterrey, Mexico graphite electrode plant; $20-25M cash costs

GRAFTECH INTERNATIONAL LTD

Board approved permanent closure of Monterrey, Mexico facility on Aug 6, 2026; production to end early Q2 2027.
One-time cash expenditures estimated $20-25M, majority by end of 2027, including ~$10.0M environmental/closure and ~$11.5M severance.
Closure aims to improve utilization, cut costs and capital needs, concentrate production at larger efficient facilities.
Employees notified Aug 31, 2026; wind-down phased pending labor/regulatory obligations in Mexico.
Company will rely on Pamplona, Spain for connecting pins after closure; will file 8-K amendment when cost estimates finalized.

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