Daimler shuts down Mississauga’s Orion bus plant after government belt-tightening
Nova and New Flyer will benefit from this.
http://www.thestar.com/business/article/1167811--daimler-shuts-down-mississauga-s-orion-bus-plant
A Mississauga bus plant which began its life in the 1970s as the centerpiece of a provincial government strategy to bolster Ontario’s manufacturing industry was shut down Wednesday, throwing up to 390 people out of work as German automotive giant Daimler announced it was pulling out of the transit bus business in North America.
Daimler blamed slumping demand for transit buses from regional and municipal governments across the continent for the closing of Orion Bus Industries, which caught the Canadian Auto Workers union off guard as it came just a few weeks after the two sides had signed a contract extension.
“This was a really difficult decision,” said Daimler spokeswoman Silke Walters. Last year, just 463 Orion buses were sold across the continent, down from 734 in 2010, according to Walters.
And with governments across the continent in deficit-fighting mode, the company saw no clear road back to strong sales.
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