RESTRUCTURING AND OTHER CHARGES

The Company continually evaluates its cost structure to be appropriately positioned to respond to changing market conditions. From time to time the Company may initiate certain restructuring programs to better utilize its workforce and optimize facility utilization to match the demand for its products.

During the third quarter of 2014, the Company established a restructuring program in the MHPS segment to close one of its manufacturing facilities in Germany and relocate production. The expected benefits of this move are concentration of certain production processes in a single location enabling the segment to realize synergies and optimize its expense structure. The program is expected to cost $10.7 million, result in the reduction of 84 team members at that location and be completed in 2015.

During the second quarter of 2013, the Company established a restructuring program in the Construction segment related to the distribution organization for Europe, the Middle East and Asia. This program resulted in a more decentralized distribution function. The program cost $1.9 million, resulted in the reduction of 19 team members and was completed in 2014.

During the second quarter of 2013, the Company established a restructuring program in the MHPS segment resulting in the consolidation of certain production facilities and the redesign of certain back office functions. The program is expected to cost $19.4 million, result in the reduction of 299 team members and be completed in 2014.

During the year ended December 31, 2012, the Company established a restructuring program in the Construction segment related to its compact construction operations in Germany to concentrate the segment on its core processes and competencies. This program resulted in the sale, closure or phase-out of several businesses in Germany. The program cost $11.7 million, resulted in the reduction of 250 team members and was completed in 2013 except for certain payments mandated by governmental agencies. During the fourth quarter of 2013, $2.6 million of restructuring reserves were reversed based on more team members staying with the sold business than originally anticipated.

During the fourth quarter of 2012, the Company established a restructuring program in the MHPS segment to realize cost synergies and to optimize the selling, general and administrative expense structure. This program resulted in the closing of a production site in Spain and outsourcing of the related future production. The program is expected to cost $3.0 million, result in the reduction of 26 team members and is expected to be completed in 2014.

The following table provides information for all restructuring activities by segment of the amount of expense incurred during the nine months ended September 30, 2014, the cumulative amount of expenses incurred since inception of the programs from 2012 through 2014 and the total amount expected to be incurred (in millions):



	Amount incurred during the nine months ended September 30, 2014			Cumulative amount incurred through September 30, 2014		Total amount expected to be incurred
Construction	$	(0.1	)	$	11.0	$	11.0
MHPS	9.7			34.2		34.2
Total	$	9.6		$	45.2	$	45.2

The following table provides information by type of restructuring activity with respect to the amount of expense incurred during the nine months ended September 30, 2014, the cumulative amount of expenses incurred since inception of the programs from 2012 and the total amount expected to be incurred (in millions):



	Employee Termination Costs		Facility Exit Costs		Asset Disposal and Other Costs		Total
Amount incurred in the nine months ended September 30, 2014	$	9.6	$	—	$	—	$	9.6
Cumulative amount incurred through September 30, 2014	$	39.4	$	0.3	$	5.5	$	45.2
Total amount expected to be incurred	$	39.4	$	0.3	$	5.5	$	45.2

The following table provides a roll forward of the restructuring reserve by type of restructuring activity for the nine months ended September 30, 2014 (in millions):



	Employee Termination Costs			Facility Exit Costs		Asset Disposal and Other Costs		Total
Restructuring reserve at December 31, 2013	$	25.4		$	—	$	—	$	25.4
Restructuring charges	9.6			—		—		9.6
Cash expenditures	(13.4		)	—		—		(13.4		)
Restructuring reserve at September 30, 2014	$	21.6		$	—	$	—	$	21.6