U.S. truck maker to slash 40% of jobs at Ontario plant
Article Abstract:
Freightliner Corp. (Portland, OR), the US truck manufacturing unit of Daimler-Chrysler AG, announced yesterday that slow demand in the North American trucking industry will force it to slash 40% or 692 of 1,741 jobs from its manufacturing plant in St. Thomas, Ont. The Company says that it plans to cut production rates and slice 19% of its total North American work force of 20,141. The company expects North American heavy-truck sales to slip as much as 25% this year compared with 1999, when the unit had sales of about US$11-billion. Industry-wide, North American heavy-truck output in the first half of 2000 slipped to a 270,000-unit annual pace from a record 316,000 for all of 1999.
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2000
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Honda taps Ontario plant to manufacture new SUV
Article Abstract:
The Honda of Canada Mfg Inc assembly plant in Alliston, Ontario, Canada, has been selected by Honda Motor Co Ltd as the manufacturing site for its new and as-yet unnamed SUV. Production of the new SUV at Alliston is predicted to begin next summer. The Alliston plant, which has a capacity to manufacture 170,000 vehicles a year, currently assembles the Honda Odyssey minivan and the Acura MDX SUV. The majority of the Odyssey production is to be shifted to a plant in Alabama, with sources saying that after this production is moved, the Alliston plant will assemble 25,000 to 30,000 Odysseys, 50,000 MDX SUVs, and about 90,000 Honda SUVs a year.
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2001
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Levi Strauss slashes 5,900 jobs
Article Abstract:
Levi Strauss and Co is laying off 5,900 employees working in North America, including 580 in Canada, in 1999. The job cuts will be accompanied by the closure of several manufacturing facilities. The jeans manufacturer plans to shift production to other countries after posting poor sales and excess inventories. Total sales reportedly decreased 13% in 1998 to $6 billion. Contracting out is expected to give Levi more flexibility in resource and brand management.
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 1999
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