* Ohio - Navistar to add 300 jobs, invest $12.8M
-- Navistar will add 300 jobs and invest about $12.8 million in its Springfield truck facility, a dramatic turnaround from just five years ago when the plant had only a few hundred workers.
The Ohio Tax Credit Authority approved Monday a 60 percent, six-year income tax credit for the manufacturer.
“This is a huge psychological victory for our community,” said Horton Hobbs, vice president of economic development for the Chamber of Greater Springfield, during the tax board hearing.
Navistar plays a significant role in the region’s economy and employs between 1,400 and 1,500 workers at its Springfield manufacturing site, including management and contractors. Thousands of company retirees also live in the area.
The state tax credit application doesn’t specify what the new jobs are or describe the expansion project. But the project will give the truck maker the capacity to double the number of vehicles produced in Springfield, the application says, and most of the $12.8 million investment will go toward new machinery and equipment...
(Photo by Bill Lackey/Staff: Workers assemble truck cabs at the Navistar Springfield plant) -- Springfield, OH, USA - Dayton Daily News, by Matt Sanctis - Sept. 28, 2015
* Nevada - Safety Systems have reasonable ROI, DTNA executives say
-- Daimler Trucks North America executives said that advanced truck safety systems are an investment with a reasonable return. They said in a briefing here on Sept. 15 that they are eager to bring new technologies to the market... Diane Hames, a DTNA general manager said, "The company, parent of Freightliner and Western Star Trucks, has appealed to fleets that are 'early adopters' of safety options such as electronic stability control, adaptive cruise control and lane-departure warning... Asked about cost, when tractor prices are rising from environmental equipment, Hames said the original equipment manufacturer is “looking to add value, not just cost, and to provide a payback to customers. We have to demonstrate a payback on safety” ... The company also will continue offering trimmed-down trucks for those buyers who don’t desire such technologically advanced features...
(Photo: A Daimler truck with electronic stability control) -- Henderson, NEV, USA - Transport Topics - 28 Sept 2015Labels: truckmakers news USA
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