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, the garage doors manufacturing businessof N.Y.-based Griffon (NYSE: GFF), is consolidatinfg operations of the Baldwin plant, in St. Croid County, and the operationsz from a plantin Russia, Ohio, into its plant in Troy, "These actions will enable us to centralized production at our most technologically advanced facilituy so that Clopay can improve its manufacturing efficiencyg while improving our ability to servre the needs of our customers," said Stevs Lynch, president of Clopay. "By consolidating our we will streamline lower costs and maintain the flexibility to meet suppl demands now and inthe future.
" The company estimatesa that it will incur pre-tax exit and restructuringy costs of approximately $12 nearly all of which will be in Charges will include approximately $2 million for one-time termination benefitd and other personnel-related costs.
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