February 20, 2018 / 3:06 PM / 3 months ago

BRIEF-Seneca Foods Says ‍Estimates $5 Million To $20 Million Charges To Be Incurred for Closure Of Modesto Facility​

Feb 20 (Reuters) - Seneca Foods Corp:

* SENECA FOODS SAYS ‍ESTIMATES $5 MILLION TO $20 MILLION TOTAL PRE-TAX P & L CHARGES TO BE INCURRED IN CONNECTION WITH CLOSURE OF MODESTO FACILITY​ - SEC FILING

* SENECA FOODS CORP - $5 MILLION TO $20 MILLION CHARGE ‍ PRIMARILY RELATES TO CASH PAYMENTS FOR EMPLOYEE SEPARATION AND IMPAIRMENT CHARGES​

* SENECA FOODS CORP - IN CONNECTION WITH CLOSING OF MODESTO FACILITY ‍$8 MILLION VENDOR ADVANCE MAY BE REQUIRED TO BE REPAID (NO P & L IMPACT)​ Source text (bit.ly/2sKqD3Q) Further company coverage: (Bangalore.newsroom@thomsonreuters.com)

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