NC truck maker set to lay off 700 production workers in Virginia

Citing an anticipated decline in orders of new Class 8 trucks, Volvo Trucks North America will lay off 700 production workers in January at the company’s New River Valley plant in Dublin, Virginia. Trucking industry publication Freightwaves reported the Swedish truck maker, whose North American headquarters is in Greensboro, expects the overall heavy-duty truck market to be down by some 100,000 units next year. None of the company’s manufacturing takes place in the Triad. The layoffs are scheduled…

from Charlotte Business News - Local Charlotte News | Charlotte Business Journal https://www.bizjournals.com/charlotte/news/2019/11/25/triad-truck-maker-set-to-lay-off-700-production.html?ana=RSS&s=article_search