In September 2021, the Company announced that it would close its Kovatch Mobile Equipment (“KME”) production facilities located in Nesquehoning, PA and Roanoke, VA and relocate the production to other existing F&E segment facilities within the United States. The production facilities have been closed to better align our manufacturing footprint, to access our broad operational expertise and resources, enhance quality and improve delivery times by leveraging the advanced manufacturing capabilities that we have throughout the F&E segment.

The Company incurred certain restructuring and other related charges in connection with the decision to relocate its existing KME production facilities. For the three months ended July 31, 2022, the Company recorded restructuring charges of $2.3 million. For the nine months ended July 31, 2022, the Company recorded restructuring charges of $8.9 million and additional charges of $7.4 million consisting of $3.9 million of production inefficiencies, $2.3 million of accelerated depreciation and $1.2 million of other costs.

The Company expects to incur additional restructuring and other related charges between $0.5 to $1.0 million related to this activity.

Pre-tax restructuring charges were as follows:


	Employee Severance and Termination Benefits		Contract termination and other costs		Asset Impairments		Three Months Ended July 31, 2022
Fire & Emergency	$	0.2	$	2.1	$	—	$	2.3


	Employee Severance and Termination Benefits		Contract termination and other costs		Asset Impairments		Nine Months Ended July 31, 2022
Fire & Emergency	$	4.3	$	4.6	$	—	$	8.9

As of April 30, 2022 the Company had ceased production activities at the Nesquehoning, PA and Roanoke, VA locations. During the nine months ended, July 31, 2022, the Company sold certain properties, machinery and equipment previously used at the Nesquehoning, PA location. The net proceeds received from this sale was $2.0 million, which has been included as a cash inflow from investing activities under the "Proceeds from sale of assets" caption within the Condensed Unaudited Consolidated Statement of Cash flow for the nine months ended July 31, 2022. No gain or loss was recorded in connection with this sale.

Additional assets to be disposed of in connection with this relocation met the held for sale criteria as of July 31, 2022. The carrying value of the net assets held for sale, was equal to their fair value less cost to sell. As of July 31, 2022, these assets consisted of: Property, plant and equipment, net—$5.2 million, Inventories, net—$0.3 million and Other Assets —$0.1 million.

As of July 31, 2022, this restructuring activity was substantially complete, and the remaining liability recorded on the Condensed Unaudited Consolidated Balance Sheets as of that date is insignificant.