Miller Industries(US:MLR) Prnewswire·2025-08-14 12:00Core Viewpoint - Miller Industries, Inc. is implementing a workforce reduction of approximately 150 positions across three manufacturing facilities as part of a cost reduction plan aimed at enhancing operational efficiency and ensuring long-term success [1][3]. Company Actions - The company is committed to supporting affected employees by providing financial and benefit assistance, as well as outplacement and career transition resources [2]. - The decision to reduce the workforce is attributed to ongoing market challenges, including reduced retail sales and lower order intake, with the expectation that these actions will strengthen the company's competitive position as market conditions improve [3]. Company Background - Miller Industries is recognized as the world's largest manufacturer of towing and recovery equipment, marketing its products under several well-known brands such as Century, Vulcan, and Chevron [4].