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Wednesday, October 31, 2012

Navistar to close Texas truck plant, cut 900 jobs - chicagotribune.com

Navistar to close Texas truck plant, cut 900 jobs - chicagotribune.com

Navistar International Corp. said Tuesday it intends to close a truck assembly plant in Garland, Texas, by the first half of 2013 as part of its efforts to cut costs.

"Closing a facility is always difficult because of its impact on the many great people who've been part of our company," Troy Clarke, Navistar president and chief operating officer, said in a statement. "But the fact is that Navistar has too much manufacturing capacity in North America, and we must take quick action to improve our business and position the company for long-term success."

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