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Aug 31, 2006

Layoffs - USA - Diesel maker plans 417 ones

Automaker Ford's woes have ripple effect on Powerstroke supplier International Truck
Indianapolis,IN,USA -The Indianapolis Star, by Ted Evanoff -August 29, 2006: -- ... On Oct. 2, about a third of Dobson's co-workers will be laid off when International Truck and Engine, based in Melrose Park, Ill., idles 417 of its 1,100 local employees... International already had scheduled three weeks of late-summer downtime to accommodate slumping Ford orders. Then, Ford suddenly decided to cut fourth-quarter auto production 21 percent to avoid paying heavy consumer incentives to keep sales rolling... Now, International intends to lay off what amounts to an entire shift until orders rebound from its only customer, Ford's Kentucky Truck plant at Louisville... "This is being driven by truck production cuts at Ford," International spokesman Anthony Page said. "When we call people back, it'll be based on demand for the new engine."...

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