Ascent Industries Cuts $2.1M Costs With Munhall Facility Lease Assignment

Reuters
2025.11.17 13:03
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Ascent Industries Co. has assigned the lease of its former tubular facility in Munhall, Pennsylvania, to a new tenant, cutting approximately $2.1 million in annual costs. This move, effective November 14, 2025, aims to strengthen the company's earnings profile.