Home Must Reads Commercial Vehicle Group to close Tigard plant

Commercial Vehicle Group to close Tigard plant

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Must Reads
Wednesday, May 14, 2014

The commercial-vehicle parts supplier will lay off 89 workers.

A press release said that many of the customers for the Tigard plant "have transitioned their businesses to other geographic regions." The company said it would provide "transition support" or jobs at other Commercial Vehicle Group plants.

The publicly held Ohio company showed a net loss of $506,000 on revenues of $198.1 million for the quarter ending March 31.

Read more at OregonLive.com

 

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