Navistar International

Largest producer of trucks, school buses and diesel engines.

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Headquarters:
4201 Winfield Road
Warrenville, IL 60555
Employees: 17,600
CEO: Daniel Ustian
Stock Symbol: NAVZ

Website: http://www.navistar.com

Career Site

Navistar International is the parent company of International Truck and Engine Corporation.

Based in Warrenville, Ill., the company produces International brand commercial trucks, mid-range diesel engines and IC brand school buses, and Workhorse brand chassis for motor homes and step vans. It is a private-label designer and manufacturer of diesel engines for the pickup truck, van and SUV markets. The company also provides truck and diesel engine parts and service. A wholly owned subsidiary offers financing services.

In December 2007, Navistar announced that it had reached a tentative, non-binding agreement with GM to acquire its medium-duty truck business, including assets and intellectual property rights to manufacture GMC and Chevrolet brand vehicles in the class 4-8 gross vehicle weight range, as well as the purchase of the related service parts business. Navistar would sell a competitive line of Chevrolet and GMC vehicles and service parts through GM's proprietary dealer network in the United States and Canada.

The company has had problems filing financial documents with the SEC over the past several years due to accounting troubles. Navistar stock now trades on the Over-the-Counter market.

History

The company was initially formed in 1902 by the merger of McCormick Harvesting Machine Company and the Deering Harvester Company. This merged company was known as International Harvester Corporation (IHC) and based in Chicago, IL. The company would make farm equipment, construction equipment, buses, trucks and gas turbines. The first bus was manufactured in 1907.

The company changed its name to Navistar International in 1986.

Benefits

Health and dental
Medical plan
Dental plan
Managed prescription drug coverage
Vision coverage
Behavioral health plan & EAP
Disability: Short-term and long-term
Vital Lives wellness program

Financial benefits
Retirement Accumulation Plan [including 401(k)] - Company match
Flexible spending accounts
Tuition reimbursement
US savings bond program
Compensation - Pay-for-performance and incentive pay

Insurance
Company-paid insurance coverage
Employee-paid optional life, AD&D, and long-term care

Work-Life Balance
Life Balance program
Telecommuting
Vacation and holidays - Depending on employee levels, new hires receive 2-3 weeks of vacation, 4 weeks after 10 years and 5 weeks after 20 years of service.

Updated May 18, 2008