BLOOMFIELD, Conn.–(BUSINESS WIRE)–Kaman Corporation (NYSE:KAMN) today announced a restructuring plan
resulting from its ongoing effort to improve capacity utilization and
operating efficiency to better position the Companys Aerosystems
business for increased profitability and growth. The restructuring
primarily affects the Aerospace segments Connecticut Composite
Structures division in Bloomfield, Connecticut, and its fabricated
products operations in Hyde, United Kingdom.
In the U.S., the Company expects to close its Connecticut Composite
Structures division and transfer its programs to the Companys
composites facility in Wichita, Kansas and to it…
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