Wabash Implements Cost-Reduction Actions
Jan 23, 2009 11:00 AM
Wabash National Corporation today announced it has implemented additional actions that will substantially decrease its corporate overhead and operating costs in light of continued macroeconomic and industry-related headwinds, generating annualized net cash savings of approximately $20 million.
The moves came as Wabash said that new trailer-unit shipments for the fourth quarter and full year 2008 are expected to be 9,300 and 33,300 units, respectively.
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