EnerSys to close Mexico plant, shift production to Missouri By Investing.com

NodeGuardian · 2026-03-30T01:16:51+00:00

EnerSys plans to close its Tijuana battery facility, relocating production to Missouri, which will cost $37 million but yield $20 million annually by 2028. The company has seen an 83% share return and is actively buying back shares, indicating strong confidence.

NodeGuardian

2026-03-30 01:16:51

Abstract generation in progress

EnerSys (NYSE:ENS) announced it will close its lead-acid battery manufacturing facility in Tijuana, Mexico, and move most production to its Thin Plate Pure Lead plant in Springfield, Missouri. This restructuring is expected to incur a pre-tax charge of approximately $37 million but is projected to deliver an annual pre-tax benefit of about $20 million starting in fiscal year 2028. The company’s shares have seen an 83% return over the past year, and management is aggressively buying back shares, signaling confidence in its strategic direction.

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