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Company to take definitive action to improve overall efficiency and reduce costs, resulting in $6.0 million of expected savings )--Vishay Precision Group, Inc. , a leading producer of precision sensors and systems, today announced restructuring and cost reduction actions that are expected to improve overall efficiency by lower operating costs by approximately $6.0 million annually, beginning in 2016. The cost reduction steps have already begun and reflect recent market conditions.

Tags: plan cost global reduction

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