Daimler closing Sterling, reshaping North American operations

In a major restructuring of Daimler Trucks North America (DTNA), its parent Daimler AG announced that it will end production of the Sterling brand, close its Portland, OR, and St. Thomas, Ontario, truck plants, and move production of Western Star trucks to a new plant in Saltillo, Mexico, which is already slated to take over some production of the Freightliner Cascadia next year. The moves will cost approximately $600 million and result in the loss of 1,200 salaried positions and as many as 2,300 plant jobs, according to the company. U.S. truck market ...

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October 2009

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