Trailer Manufacturer to Idle Two Plants, Cut 270 Jobs

Core Viewpoint - Wabash National Corporation is planning to idle two manufacturing facilities in Little Falls, Minnesota, and Goshen, Indiana, resulting in significant job cuts and operational changes [1][2]. Job Cuts and WARN Notices - The company will cut 56 jobs in Minnesota and 214 in Indiana, affecting roles such as maintenance and production coordinators, machine operators, assemblers, and welders, with welders being the most impacted in Indiana [2][3]. - The job separations will occur in two phases starting on March 6 and April 3, with the cuts in Minnesota and the shutdown in Indiana being permanent [3]. Financial Performance - Wabash reported Q3 2025 net sales of approximately $382 million, reflecting a 17.8% decrease compared to the same period last year [4]. - The company recorded $58 million in operating income, benefiting from a nearly $81 million reduction related to a previous charge from a rear-end collision incident [4]. - As of September 30, Wabash's total backlog was around $829 million, indicating a cautious approach from customers regarding capital spending [4]. Cost Implications - The anticipated costs associated with the idling of the facilities are expected to reach between $15 million and $20 million [3].