CVD Equipment Corporation Announces Restructuring Plan and Leadership Transition

CENTRAL ISLIP, N.Y.–(BUSINESS WIRE)–CVD Equipment Corporation (NASDAQ: CVV) (the “Company”) today announced a restructuring plan and leadership transition, following a thorough evaluation of strategic alternatives for its CVD equipment business by its Board of Directors (the “Board”). The restructuring plan includes: The Company will no longer pursue new system orders for its CVD equipment business. The Company is further reducing its workforce by approximately half, to a level necessary to m

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