other material
confidence high
sentiment negative
materiality 0.70
Hudson Tech primary reclamation facility in Champaign, IL damaged by tornado/storm on June 11
HUDSON TECHNOLOGIES INC /NY
- Mattis Facility suffered extensive roof, structural and water damage; extent still being evaluated.
- No injuries reported; other two nearby facilities unaffected.
- Operations being diverted to Smyrna, GA facility and other locations.
- Company has activated emergency response, secured site, shut off power/gas, started insurance claim.
- Company assessing losses to infrastructure, equipment, inventory and potential operational disruptions.