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CVD Equipment Names Warren Cheesman Acting CEO As Company Halts New System Orders, Cuts Workforce ~50% And Restructures Operations; Expects To Record A Restructuring Charge Of ~ $800K-$1M This Quarter, Consisting Primarily Of Employee Severance And Related Costs

Benzinga Newsdesk

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

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