Truck and Engine Corp. has notified its Chatham, Ontario plant
to expect a potential reduction of 400 workers "in the November
timeframe" because of a "softening in demand" for
the company's 9000 Series Class 8 trucks made there, according
to Truck Group President Steve Keate.
spoke with reporters Aug. 15, said the fourth quarter this year
"will be a challenging time for the whole industry."
He added: "Demand will be substantially less because some
customers will take a wait-and-see attitude with the new engines."
To make the
point, Keate said industry-wide receipts show Class 8 truck orders
in March were 28,000, 27,000 in April, and 5,200 in July. "We
expect August will look like July," he said.
He said everyone's
order boards "are pretty well filled up" and that orders
coming in now are post-Oct. 1, 2002, the deadline for engines
to meet the Environmental Protection Agency's tough new emission
matters, Keate noted the opening of a new 78,000 square-foot dealership
in Denver. The facility has 135 employees, 60 service technicians
and 40 service bays.
complements International's continuing effort to improve its dealer
network by focusing on leadership, economies of scale, training,
systems capability and a consistent level of performance, Keate