Navistar to Expand Engine Components Business
The company will recall 150 workers by June 2011 and plan to hire 100 additional workers by 2014 at the Indianapolis foundry, one of the few remaining facilities in the US to make cylinder blocks and heads. The Indianapolis facility is capable to serve the needs of any manufacturer in the diesel engine arena.
Eric Tech, president of Navistar Engine Group, said: â€œThe Indianapolis foundry is a vital part of our efforts to maintain manufacturing capabilities and technical skills in the US. As a result of our investment to make the Indianapolis foundry a state-of-the-art facility, we will make the company more competitive to meet the global demands of the diesel engine industry.â€
Additionally, Navistar has named Troy Clarke to head the companyâ€™s Asia Pacific operations in Shanghai.
Mr Clarke joined Navistar in January 2010 as senior vice president of strategic initiatives, following a 35-year career at General Motors. He joined GMâ€™s Pontiac division in 1973 and held numerous roles of increasing responsibility, including president and managing director of GMâ€™s Mexico operation, vice president of manufacturing and labor relations, and president of GM Asia Pacific.
Daniel Ustian, chairman, president and CEO of Navistar, said: â€œWe are proud to have Troy on our team and leading our efforts in China. Troy brings valuable industry leadership to this important new role and his experience heading GMâ€™s Asia business will be a great fit as we look to grow in China and throughout the Asia Pacific region.â€
Will the move benefit the firm?
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