CHICAGO — Navistar International told The Chicago Tribune Monday it plans to close its foundry operations in Indianapolis in summer 2015.
The Chicago Tribune reported Navistar said it will eliminate 180 jobs and expects to reduce costs by $13 million annually. The foundry produces engine blocks and heads for Navistar engines. The company said it plans to source those components from a supplier, The Chicago Tribune explained.
“Closing a facility is a difficult decision because of its impact on the many great people who’ve been part of our company,” said Persio Lisboa, Navistar’s president of operations to The Chicago Tribune. “We will treat people with dignity and respect throughout this process.”
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