News
USA - Navistar Shutters Indianapolis Casting Facility
Tweet
Navistar International, Lisle, Ill., closed its metalcasting operation in Indianapolis June 30. Announced in December 2014, the closing is expected to reduce costs by $13 million a year.
The workforce at the 60-acre facility, which produced engine blocks and heads for Navistar engines, has been cut from 160 employees to just 20. The company will turn to suppliers to acquire the necessary engine castings.
"Closing a facility is a difficult decision because of its impact on the many great people who've been part of our company," said Persio Lisboa, president of operations, when announcing the closing. "We will treat people with dignity and respect throughout this process."
The metalcasting facility ceased pouring operations last week. Navistar spokesman Steve Schrier said the company has yet to decide what will happen to the site.
Source: AFS
Tweet
Related News
- Stay Ahead in Nonferrous and Lightweight. Follow Diecasting & Nonferrous China 2026
- European Foundry Industry in Transition – New Opportunities Through the Defense Sector
- Global pig iron production fell by 4.4% y/y in October
- India sharply increased iron ore imports by more than 200% y/y in January-October
- EU plans to limit exports of aluminium scrap
- Calderys Group celebrates 160 years of innovation and industrial excellence
- Foundries in Transition: Why Humanoid Robots Are Now in Demand
- Iron ore exports from Brazil increased by 5.7% y/y in January-October
- See all News
