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Tag Archives: Navistar

Talks continue as Navistar labor contract expires

(Oct. 1, 2014) -- Local workers will continue to operate under the current contract on day-to-day agreements, UAW Local 402 President Jason Barlow told the Springfield News Sun. A picket schedule for union employees was posted online Tuesday, but Barlow said workers will continue to work on a day-to-day status as negotiations continue. Read More »

Navistar expands tax asset protection plan

(Sept. 1, 2014) -- The Tax Asset Protection Plan was adopted on June 17 to protect Navistar's valuable tax assets by reducing the likelihood of an unintended "ownership change" under IRS guidelines. It is designed to prevent someone from becoming a 5 percent or greater owner. Read More »

Navistar rebound a success, senator explained

(Aug. 11, 2014) -- U.S. Sen. Rob Portman visited Navistar’s Springfield, Ohio plant Tuesday, describing the factory as a success story for the manufacturing industry as it has added jobs and become more financially stable in recent years. Read More »

Navistar CEO working to regain trust

(July 28, 2014) -- Navistar’s Springfield plant is important to the truckmaker, but new jobs won’t come here until the manufacturer regains some of the business it lost after struggling with engine technology a few years ago. Read More »

Navistar posts $154 million loss in fourth quarter

(Dec. 20, 2013) -- Revenues in the quarter were $2.8 billion, down from $3.2 billion in the fourth quarter of 2012. "Operationally, we hit our plan this quarter, and we ended the year with an order backlog that is up 26 percent compared to this time last year. Those are just two examples of the continued progress we are making on our Drive to Deliver turnaround plan," said Clarke. Read More »

Fort Wayne Navistar workers to get assistance

The Indiana Department of Workforce Development today announced a ruling by the U.S. Department of Labor that workers of Navistar Truck and Development & Technology Center are eligible to receive services under the federal Trade Adjustment Assistance program. Read More »

Memories from Ontario Navistar plant auctioned off

(Nov. 18, 2013) -- Industrial equipment, tools, parts, fixtures and even office furniture from the former Navistar plant in Chatham went on the auction block Saturday, reports the Chatham Daily News. The plant's parking lot was full of potential buyers stopping by to see what there was to offer. Read More »