NFI Group closing factory
Winnipeg-based NFI Group Inc. says it is closing a factory in Pembina, N.D., to cut costs. The company says the Motor Coach Industries facility is expected to close late this year. Brian Dewsnup, acting president and chief executive, says the closure follows a detailed review of the company’s manufacturing footprint. Last month, NFI cut its revenue forecast, citing a global shortage of microprocessors.
BUSINESS
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2022-05-21T07:00:00.0000000Z
2022-05-21T07:00:00.0000000Z
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