Monday, June 25, 2012

Some Navistar Basics

A new type of truck engine Navistar developed to meet tougher emissions standards hasn't passed muster with the U.S. Environmental Protection Agency. And a court recently invalidated a deal with the EPA that allowed Navistar to keep selling its noncompliant engines.-- Crain's Business, June 25, 2012

In case you're wondering just how much of Navistar's total production was affected by the court ruling, it's 25%. The company's troubles have been fodder for several financial publications in recent days, but just how serious are these setbacks? Some analysts have suggested Navistar has a new traditional engine in the works to fall back on. If they have, they're not saying. If they don't?

Several financial pundits have predicted the possibility of bankruptcy, citing: "Company's high costs, low margin, slower sales in some key markets and overall poor financial performance." and "Navistar is highly underfunded."

Does any of the above financialese translate into information that will predict the future of the Barton plant? If anything stands out to us, it's simply the possibility that growth at the plant will be slower than what had been predicted. Let's hope that's the worst case scenario.


Rumors? What? Here in the Shoals? If you've been trying to sort through several new rumors concerning the proposed site of the new RegionalCare hospital, here's a great run down:


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