Examples of Vacant facility in a sentence
Vacant facility costs include security, maintenance, utilities and other costs.
Vacant facility costs include security, maintenance, utility and other costs.
Vacant facility costs include security, maintenance and utility costs associated with facilities that are no longer being utilized.
Vacant facility costs include security, maintenance, utilities and other costs.Restructuring expenses were $2.9, $0.6 and $0.9, respectively, for 2015, 2016 and 2017.
Vacant facility costs include security, maintenance, utilities and other costs.Restructuring expenses were $20.7, $46.2, $41.6 for the years ended December 31, 2019, 2018 and 2017, respectively.
The change in the liability for the rationalization of operations during the years ended September 30 follows: Vacant facility and other shutdown costs were concentrated in North America in 2014 and 2013, related to facilities shutdown in 2013 and 2012.
The change in the liability for the restructuring of operations during the year ended September 30 follows:2015 Expense Paid/ Utilized 2016 Expense Paid/ Utilized 2017 Severance and benefits $0.8 (0.8) — 0.9 (0.9) — Vacant facility and other shutdown costs 0.3 0.6 (0.9) — — — — Total $1.1 0.6 (1.7) — 0.9 (0.9) — The Company incurred $2.1 in shutdown costs in 2015 related to the Chino, CA manufacturing facility, primarily for asset write-downs and plant relocation costs, plus severance and benefits.
Vacant facility and other shutdown costs are comprised of expenses for lease costs, stay bonuses, costs of moving fixed assets, security, maintenance, and utilities.