Weak freight demand triggers facility closures, job cuts across supply chain
Yahoo Finance·2026-02-04 12:30
CNH Industrial America — Burlington, Iowa (209 layoffs) CNH Industrial America LLC is closing its Burlington, Iowa, plant, resulting in the layoff of 209 employees by May 2026. The closure follows a 2024 announcement tied to lower backhoe demand. CNH Industrial is a global equipment and services company serving the agriculture and construction industries.Continental Tire of America — Barnesville, Georgia (235 layoffs) Continental Tire of America will close its Barnesville, Georgia, manufacturing plant, layi ...