Navistar Financial issues $350M in securities Nov 11, 2009
Navistar International subsidiaries make trucks, school buses, recreational vehicles and diesel engines. The company's shares fell a penny to $35. (Crain's Chicago Business)
Navistar Unit Issues $350 Million in Securities Nov 11, 2009
The company, a subsidiary of heavy-vehicle maker Navistar International Corp., said it would use proceeds to provide funding for dealer inventories ... Navistar International subsidiaries make trucks, school buses, recreational vehicles and diesel engines. (ABC News -- Wire)
WDCC is Proud to Highlight Navistar International Corporation's Hybrid Diesel Technology on 'Green Magazine TV,' a New Television Series Highlighting Some of the Most Energy Efficient Organizations in the World Oct 21, 2009
Navistar International Corporation (NYSE: - ) is the first company to begin production of hybrid diesel commercial trucks. The International DuraStar Hybrid has the proven capability to provide dramatic savings - from 30 to 40 percent on standard in-city pickup and delivery applications. (Yahoo! Wire -- Entertainment News)
Navistar to Issue $1.5 Billion Debt Offering Oct 21, 2009
Truck maker Navistar International Corp. on Tuesday said it plans to issue $1. 5 billion in new debt that it will use to repay an outstanding loan. (ABC News -- Wire)
Navistar, SEC Settle Restatement Probe Oct 20, 2009
Truck and engine maker Navistar International Corp. said Monday its chief executive will return part of a 2004 bonus in connection with a settlement of a Securities and Exchange Commission investigation into the company's restatement of several years of previous financial results. The tentative deal resolves the matters under investigation, which relate to a restatement of its financial results for 2002 through the first three quarters of 2005. (ABC News -- Wire)
China Manufacturing Grows for Seventh Month on Stimulus, Loans, PMI Shows Oct 1, 2009
Local truck-maker said this week that it plans a venture with Caterpillar Inc. and Navistar International Corp. to boost production and tap demand in the worlds fastest-growing major vehicle market. Industrial overcapacity and a are drags on the nations recovery. (Bloomberg -- Asia)
Caterpillar, Navistar in Talks With Chinese Car Firm Sep 30, 2009
S), Caterpillar Inc. (CAT), Navistar International Corp. (NAV), (CNE00000), (US149123), (US63934E)) at SmartMoney ... CHICAGO -(Dow Jones)- Caterpillar Inc. (CAT) and Navistar International Corp. (NAV) are aiming build and sell commercial trucks in China under a partnership with a Chinese auto maker. (SmartMoney)
Concord plant lands contract Sep 9, 2009
Illinois-based Navistar International (NYSE:NAV) is a holding company whose subsidiaries and affiliates produce commercial and military trucks, diesel engines, buses and recreational vehicles. Most Read Stories. (Charlotte Business Journal, NC)
Stock Futures Signal Losses; Housing Data Eyed Aug 21, 2009
Caterpillar Inc and Navistar International Corp are in talks with China's Anhui Jianghuai Automobile Co to set up a truck venture in the country, a source familiar with the matter said on Friday. Investors will scour U.S. Federal Reserve Chairman Ben Bernanke's speech before the Federal Reserve Bank of Kansas City Economic Symposium later in the day, for more insight on the outlook for the world's largest economy. (ABC News -- Business)
Production restarts at Oregon RV plant Aug 8, 2009
Roy Wiley, spokesman for Illinois-based Navistar International, the new parent company of Monaco RV, says the plant is producing about seven recreational vehicles a day. Wiley said there are no indications the RV market has begun to recover, but Navistar decided to resume production about two weeks ago to build some inventory. (OregonLive, OR -- News)
Obama Ventures Back To Hurting Region Aug 6, 2009
The loudest applause though, came when Obama announced that recreational vehicle company's new owner, Navistar International Corp., had won a $39 million grant to build 400 battery-electric trucks. That means work in an RV-heavy region crushed by the recession, where unemployment has jumped so high so fast that Obama called it "astonishing.". (Click2Houston, TX)
Map: Follow the stimulus cash Aug 6, 2009
Navistar International Corp., which bought the plant this spring, will get $39. 2 million to develop 400 advanced electric delivery trucks with a 100-mile range. (MSNBC -- Politics)
Obama unveils $2.4 billion in grants for electric, hybrid vehicles Aug 6, 2009
He said owner Navistar International won $39 million to build 400 battery-electric trucks ... The loudest applause, though, came when Obama said that Navistar International Corp. had won a $39 million grant to build 400 battery-electric trucks. (Boston Globe)
Lancaster plant among winners of $2.4B in manufacturing stimulus grants Aug 6, 2009
Obama made the announcement at Navistar International Corp. in Elkhart, Ind. Navistar will receive a $39 million grant to manufacture electric trucks. (Columbus Business First, OH)
U.S. to spend $2.4 billion to boost electric vehicles Aug 6, 2009
at a Navistar International Corp. plant. Navistar will get $39 million to develop and deploy 400 electric delivery trucks with 100-mile ranges. (Fresno Bee -- Local)
Obama says Indiana 'factories coming back to life' Aug 6, 2009
For his backdrop, he chose Monaco RV, purchased in June by Navistar International Corp. after its previous owner went bankrupt because of the collapse in the recreational vehicle industry. Indiana's Elkhart-Goshen area had an unemployment rate of 16. (FOX 11, AZ)
Obama to announce Elkhart-area grants Aug 5, 2009
But after 1,400 workers were laid off, the workforce is much smaller than it was before Navistar International Corp., an Illinois-based transportation company, bought the plant from Monaco Coach Corp. and rescued it from plans to close. Before Monacos bankruptcy in March, 40 percent of the work force in Wakarusa, a town of about 1,700 people 12 miles from Elkhart, was employed at the plant, and the town drew 30 percent of its revenue from the company, Town Manager Tom Roeder said. (MSNBC -- Race)
Oshkosh wins bid to make military vehicles Jul 2, 2009
Oshkosh Corp. beat out BAE Systems, Navistar International, and Force Dynamics for the job of building MRAP-All Terrain Vehicles. Above, its M-ATV vehicle in action. (Boston Globe)
Pentagon: Oshkosh 'Clear Winner' in $1.06B Deal Jul 2, 2009
-based company beat out BAE Systems the U.S. subsidiary of subsidiary of British defense conglomerate BAE Systems PLC as well as Navistar International Corp. and Force Dynamics, a joint venture between Force Protection Inc. and General Dynamics Corp.. Shares of Ladson, S.C.-based Force Protection took the biggest hit Wednesday, falling $3. (ABC News -- Wire)
Oshkosh Gets $1.06B for New MRAPs in Afghanistan Jul 1, 2009
-based vehicle maker beat out three teams for the deal to build 2,244 vehicles, including: BAE Systems, the U.S. subsidiary of subsidiary of British defense conglomerate BAE Systems PLC, Navistar International Corp., and Force Dynamics, a joint venture between Force Protection Inc. and General Dynamics Corp.. In after-hours electronic trading, shares of Oshkosh jumped $2. (ABC News -- Wire)
Russell Index to Use More U.S., Emerging Markets Jun 16, 2009
Tuesday June 16, 2009 5:07 AM ET. Published June 15, 2009 7:32 AM. (SmartMoney)
GM will stop making medium-duty trucks Jun 16, 2009
GM's main U.S. competitors in the segment are Navistar International, Isuzu, Freightliner, Volvo Truck, Peterbilt, Kenworth and Mack. Hopson said the market segment has been hit hard by the economic downturn. (USA Today -- Autos)
Navistar purchase good news in Coburg Jun 6, 2009
Saturday, June 06, 2009. Monaco, the Coburg-based recreational vehicle maker, filed for Chapter 11 bankruptcy protection in March as the economic downturn and credit crunch decimated demand and financing for the vehicles. (Coos Bay-North Bend The World, OR)
Navistar Buys Bankrupt Monaco for $50 Million May 25, 2009
Illinois trucking company Navistar International Corp. has completed its $50 million purchase of bankrupt Oregon recreational vehicle manufacturer Monaco Coach Corp.. A federal judge in Delaware approved the sale Friday after learning there were no other bidders for the assets of Monaco, which has RV plants in Oregon and Indiana. (ABC News -- Wire)
Ketchum Dominates First-Ever PR Category at Clio Awards May 14, 2009
Navistar International with Ketchum. Silver SABRE Awards. (PR Newswire)
Another shakeup in local Wall Street outpost May 9, 2009
A Highland Park native who joined Salomon as a summer associate in 1992, Mr. Canmann covers industrial companies such as Caterpillar Inc., Deere nd Navistar International Corp., but also McDonalds Corp. and Tribune Co., he said. He advised another client, GATX Corp., on the 2006 divestiture of its aircraft leasing operations. (Crain's Chicago Business)
Banks lead Oregon stocks' problems Apr 1, 2009
Navistar International Corp. is nearing a deal to buy Monaco's assets for $50 million, though it's unclear whether Monaco shareholders will realize any benefit from such a deal. Investors have fled bank stocks across the country for obvious reasons. (OregonLive, OR -- Business)
Navistar wants to buy Monaco’s RV assets Mar 27, 2009
PORTLAND Navistar International Corp. said Thursday it has signed a nonbinding letter of intent buy Monaco Coach Corp. s recreational vehicle manufacturing business. The announcements from the two companies did not mention a price for the deal. (Corvallis Gazette Times, OR)
Monaco Coach attracts potential buyer Mar 27, 2009
Navistar International Corp., one of the world's largest makers of school buses and diesel engines, has issued a letter of intent to purchase Monaco Coach Corp. for $50 million in cash and stock, the companies announced Thursday. Navistar, headquartered in Illinois, hopes to acquire Monaco's core recreational vehicle manufacturing business, despite the industry's troubles in a down economy. (OregonLive, OR -- Business)
Can troop shift to Afghanistan aid defense industry? Mar 6, 2009
Government contractors like the U.S. subsidiary of British defense conglomerate BAE Systems PLC, Lockheed Martin Corp., Humvee maker AM General and Navistar International Corp. are vying for the multibillion-dollar contract to build between 2,080 and 10,000 of the vehicles. Q: Obama has said he plans to cut wasteful spending on outdated weapons systems designed for the Cold War. (Sierra Vista Herald, AZ)
Ford Bolsters Market-Leading Commercial Truck Lineup With Three Tough New Offerings Mar 3, 2009
Ford Commercial Truck also confirmed it will continue to offer dealers and customers F-650 and F-750 medium duty trucks produced by the Blue Diamond Truck and Parts joint venture between Ford Motor Company and Navistar International Corporation. "We're committed to the medium-duty truck market, and our F-650 and F-750 vehicles will continue to haul the goods for a wide variety of commercial applications," said Len Deluca, director, Ford Commercial Trucks. (PR Newswire)
Navistar launches line of lower-priced parts Feb 10, 2009
(AP) Engine and truck maker Navistar International is launching a lower-priced private label brand of truck parts designed for budget-minded truck owners ... All of the parts come with a one-year, parts-only replacement warranty and can be purchased at Navistar International's U.S. dealers. (Crain's Chicago Business)
