Nova Bus is shutting the doors on Plattsburgh bus factory
Volvo Group subsidiary Nova Bus is exiting bus production in the US market. Consequently, the company has decided to close its Plattsburgh manufacturing and delivery facility by 2025.
For orders from the North America market, Nova Bus plans to utilize its Canadian facilities located in Saint-Eustache and Saint-François-du-Lac (Quebec).
“The strategic decision to end bus production in the US by 2025 was made after evaluating its profitability, which was experiencing continued financial losses over the years,” says Anna Westerberg, Chair of the Nova Bus Board of Directors.
Nova Bus will work closely with employees, customers, and suppliers as bus operations in the Plattsburgh facility are planned to continue until the first quarter of 2025. Nova Bus will continue to support its US customers’ parts and service needs.
“Although this strategic decision is a difficult one, by changing our business model with a focus on Canada, we will improve profitability and secure our long-term competitiveness,” adds Ralph Acs, President of Nova Bus. He further explains that despite the move affecting their workforce, the company has a plan: “We will do the utmost to support our employees, many of whom have been employed for numerous years. We will work together with our sister Volvo companies, surrounding businesses, local authorities, and communities to support our people in finding new employment opportunities.”
Nova Bus adds that the extent of the impact this decision will have on the Canadian organizational structure will remain under analysis and will continue to be defined as the restructuring takes place over the next 24 months.
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