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Thursday, Mar 28, 2024

Superior Cutting Workforce As SUV, Truck Sales Drop

Superior Industries International Inc. will close a Kansas facility and make other additional layoffs to reduce spending and excess manufacturing capacity, the company announced. The Van Nuys-based manufacturer of wheels for major vehicle manufacturers made the cuts in the face of a reduced demand for sport utility vehicles and light trucks. The manufacturing facility in Pittsburg, Kansas employs 600 workers and will close in December. The cost of the shut down is $1.8 million. Superior also eliminated 90 unfilled positions and will lay off an additional 65 employees at Superior facilities across the country in both manufacturing and management positions. The cost of those layoffs is $296,000. The job cuts will enable Superior to maintain a strong leadership position and financial flexibility, said company Chairman, CEO, and President Steven Borick. “We believe the move towards more fuel efficient vehicles is a permanent shift, not merely a temporary phenomenon,” Borick said. “The change in the light truck/passenger car mix requires adjustments to Superior’s manufacturing architecture.”

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