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PWR Holdings Ltd. Minimizes Impact of New US Tariffs with Strategic Expansion

Story Highlights

The latest update is out from PWR Holdings Ltd. ( (AU:PWH) ).

PWR Holdings Ltd. has announced that the new US tariffs, including a 10% tariff on imports from Australia and 25% tariffs on aluminium and automotive products, will have minimal impact on its financial results. The company is proactively expanding its US manufacturing capabilities and diversifying its supply chain to mitigate potential risks and capitalize on new opportunities in the evolving global trade environment.

More about PWR Holdings Ltd.

PWR Holdings Ltd. operates in the automotive and aerospace industries, providing advanced cooling solutions. The company focuses on manufacturing and assembling products, with a significant presence in the US market through its subsidiary, C&R Racing Inc. PWR is expanding its US facilities to enhance its capabilities in the Aerospace & Defence sector.

YTD Price Performance: -24.69%

Average Trading Volume: 415

Technical Sentiment Signal: Buy

Current Market Cap: $424.8M

Learn more about PWH stock on TipRanks’ Stock Analysis page.

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