Extracted from this filing and checked against the source text.
Restructurings & Charges
SEC 8-K Item 2.05/2.06
confidence 0.9
Ingredion Inc announced a restructuring with charges of approximately $43 million affecting Cabo, Brazil manufacturing facility.
- Type
- restructuring
- Charge
- approximately $43 million
- Affected area
- Cabo, Brazil manufacturing facility
Exact text from the filing
underlying real property but has not entered into a contract of sale as of the date of this report. The Company expects to incur pre-tax non-recurring charges of approximately $43 million under the plan, of which approximately $36 million is expected to consist of impairment charges relating to fixed asset and inventory write-downs and approximately $7 million is
View on SEC.gov
Restructurings & Charges
SEC 8-K Item 2.05/2.06
confidence 0.9
Ingredion Inc announced a impairment with charges of approximately $36 million affecting Cabo, Brazil manufacturing facility.
- Type
- impairment
- Charge
- approximately $36 million
- Affected area
- Cabo, Brazil manufacturing facility
Exact text from the filing
In connection with the cessation of operations at the Cabo manufacturing facility, the Company expects to record approximately $36 million in pre-tax, non-cash impairment charges in the second quarter of 2026 relating to fixed asset and inventory write-downs.
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