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News Breaks
July 29, 2014
08:56 EDTGTIGrafTech evaluating structure of Industrial Materials, Engineered Solutions
The company is reevaluating its business structure of the Industrial Materials and Engineered Solutions segments and the ongoing needs to support those businesses. The company expects to complete this assessment over the next quarter. Anticipated actions under consideration include a combination of layoffs, attrition, early retirement, reduced contractor costs and other cost savings initiatives designed to simplify work processes and drive greater accountability.
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