Navistar Inc. plans to keep its heavy truck assembly plant in Chatham idle “for now,” but the company’s top official isn’t giving any sign that it will reopen.
Dan Ustian, the company’s chairman and chief executive, told analysts Tuesday that the company has wrestled with the issue for several months but still has made no final decision on whether to close the plant in southwestern Ontario.
The plant has not produced a vehicle in almost six months after 350 employees were laid off and negotiations with the Canadian Auto Workers for a new contract hit an impasse. The shutdown is also adversely affecting numerous suppliers and their workforces.
Posted by Ian:
On Sept. 4, 2003 International Truck and Engine Corporation announced it would keep its Chatham, Ontario plant open and maintain a production schedule of heavy trucks, as the result of a long-term investment by the company, Government of Canada and the Province of Ontario. Another promise not worth the paper it was written on. Here is the full transcript of that 2003 company release.