Navistar International Corp. (NAV) said it could decide by summer whether it will need to restart an idled assembly plant in Canada.
Chairman and Chief Executive Daniel Ustian said the company has sufficient truck-making capacity at the moment, but might need the Chatham, Ont., plant if truck orders continue to trend higher through next year.
“Do we need another manufacturing facility? We don’t know the answer to that,” Ustian said Wednesday during a conference call with analysts. “At least in the short term, likely no. We’re not capacity-limited on making trucks.”
Full story here