Brickworks (ASX:BKW) to close five plants in Pennsylvania

Company News

by Rachael Jones

Brickworks (ASX:BKW) is to close five of their 12 plants currently in operation in Pennsylvania after the Governor ordered all non-life-sustaining businesses to close.

This includes their plants at Harmer, Bigler, Hanley, York and Mid Atlantic will close.

Their remaining 7 plants will remain in operation.

Brickworks has four divisions - Building Products Australia, Building Products North America, Property, and Investments.

Shares in Brickworks (ASX:BKW) are trading 5.86 per cent lower at $14.95.

Are you a 708 sophisticated investor?

A sophisticated investor is defined under Section 708 of the Corporations Act (net assets of $2.5 million or annual incomes in excess of $250,000).

They are eligible to receive information regarding wholesale investment opportunities that are not available to regular or retail investors.

Please subscribe if you would like to be alerted to these types of opportunities.