This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:Wabash National Announces Consolidation of Its Platform Manufacturing Facilities 2009-11-03 09:19 ET - News Release LAFAYETTE, IN
-- (MARKET WIRE)
-- 11/03/09 
Wabash National Corporation (NYSE: WNC) today
announced that it's wholly owned subsidiary, Transcraft ® Corporation, a
manufacturer of flatbed, drop deck, dump trailers and truck bodies, has
agreed on the terms of a sale of its Anna, Illinois production facility and
will consolidate its operations into its Cadiz, Kentucky facility. Platform
production at the Anna facility will cease sometime in the first half of
2010, at which time the new production lines at the Cadiz production
facility will be fully operational.
"These types of decisions are always difficult to make, especially when it
affects associates, but due to the current economic climate we are faced
with the need to further right size our operating footprint and reduce our
cost structure. We expect this to be a seamless transition in production
due to utilization of excess manufacturing equipment, which should have no
impact to our customers," said Terry Campbell, General Manager of
Transcraft Corporation.
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