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Dec 17, 2015

TRUCKMAKERS NEWS * USA: Mack's

* Pennsylvania - Mack Trucks to lay off 400 in

 --  The heavy-truck business is cyclical, and right now the industry is headed toward a downturn... Mack Trucks, the Greensboro company that makes the iconic truck brand, announced Tuesday that it will lay off about 20 percent of its workforce at its Pennsylvania plant. The plant, near Allentown, assembles all of the Mack trucks built for the North American market... The layoffs will take effect Jan. 25. About 400 of the plant’s 1,850 employees will lose their jobs... In a related move, Mack’s parent company, Volvo Group, said that it plans to lay off 200 people at its powertrain plant in Hagerstown, Md., during the first quarter of 2016. That plant employs about 1,800 people, who make engines, transmissions and related parts for Mack and Volvo trucks... The reason for the job cuts? After a big 2015 for the heavy-truck industry, demand for new trucks is declining... 
Greensboro, PENN, USA - N&R Greensboro, by John Newsom - December 15, 2015

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