US:Navistar says Ford cuts will result in nearly 400 layoffs
Navistar says Ford cuts will result in nearly 400 layoffs
CHICAGO -- Diesel engine maker Navistar International Corp. said today it would lay off nearly 400 workers after Ford Motor Co., one of its key customers, announced it was cutting fourth-quarter production by 20 percent.
The Warrenville, Illinois-based company said 380 unionized workers at its Indianapolis engine assembly plant would be idled beginning Oct. 2 as a result of the move. It said an undetermined number of non-union workers would also be laid off as a result of the production cuts.
Navistar builds the 6.0-liter V-8 diesel engine that powers Ford's F-series Super Duty pickup.
My first car was a 67 Mustang Coupe, 2nd one was a 67 Cougar XR-7, 3rd one was a 66 Mustang Coupe. Why did I get rid of these cars for ? I know why, because I'm stupid, stupid, stupid.
My next Ford.....