Commercial truck maker Navistar International Corp. will close an engine plant in Alabama this summer as it moves to eliminate excess production capacity and consolidate its engine lineup for medium-size trucks.
The closure of the plant in Huntsville will result in the loss of about 280 jobs and generate savings of about $22 million a year. Production at that plant will be shifted to an engine plant near Chicago, which will add about 75 workers. Navistar will continue to produce large diesel engines for heavy-duty trucks at a second plant in Huntsville
Chicago Business Journal article.
Wall Street Journal article
The closure of the plant in Huntsville will result in the loss of about 280 jobs and generate savings of about $22 million a year. Production at that plant will be shifted to an engine plant near Chicago, which will add about 75 workers. Navistar will continue to produce large diesel engines for heavy-duty trucks at a second plant in Huntsville
Chicago Business Journal article.
Wall Street Journal article
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