H.B. Fuller advances Project Quantum Leap with seven site closures
FUL•H.B. Fuller said it is on track to achieve about $25 million in run-rate cost savings in fiscal 2026, with $50 million in incremental savings expected by 2030. It expects to reduce its footprint to 55 facilities by 2030 and operating costs on transferred volumes by as much as 50%.
1. Closures and savings
H.B. Fuller announced seven site closures as part of Project Quantum Leap. The company said it is on track to achieve about $25 million in run-rate cost savings in fiscal 2026, with $50 million in incremental savings expected by 2030.
2. Distribution changes
The company expects to further reduce its footprint to 55 facilities by 2030 and reorient its distribution network around six regional distribution centers. Activities from closed sites will transition to facilities in Charlotte and Monterrey, and operating costs on transferred volumes are expected to decline by as much as 50%.
