Mack to slash jobs for ’07 downturn
LEHIGH VALLEY, Pa. — Mack Trucks is the latest truck OEM to scale back its workforce as it gears down for 2007.
The company announced plans to cut 450 positions at its Macungie, Pa., truck assembly plant over the next six months.
All heavy truck and engine makers anticipate a market downturn as many customers bought equipment this year in advance of tough new engine emission standards that kick-in Jan. 1, 2007.
“We very much regret the impact this action will have on our employees, their families, and our local community,” said Mack President and CEO Paul L. Vikner. “But these reductions are essential to the responsible management of our business through the downturn. Right now, our focus is on developing our plans to assist affected employees.”
The Macungie plant currently employs about 1,040 people. The first reductions will take effect before the end of this year, with additional cuts expected in the first half of 2007.
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