Benzinga · Sep 10, 2026
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
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


