ZZ
08-28-2006, 14:23
CHICAGO (Reuters) - Navistar International Corp. (NAV), the U.S. diesel engine maker, said on Monday it would lay off nearly 400 workers after Ford Motor Co. (F), 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, Indiana, engine assembly plant would be idled beginning October 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.
The Warrenville, Illinois-based company said 380 unionized workers at its Indianapolis, Indiana, engine assembly plant would be idled beginning October 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.