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James Hardie to Close Two Plants, Unlocking $25M Annual Savings from FY27

8:34am on Friday 16th of January, 2026 AEDT undefined
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James Hardie to Close Two Plants, Unlocking $25M Annual Savings from FY27

8:34am on Friday 16th of January, 2026 AEDT
Key Points
  • Closure of Fontana, California and Summerville, South Carolina plants within 60 days
  • Manufacturing volume from closed sites to be absorbed by other facilities
  • Annualised cost savings of approximately $25 million expected from Q1 FY2027
  • One-time pre-tax charges of $40-$44 million primarily in Q4 FY2026
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