Commercial Vehicle Group Announces Organizational Changes
The company cited changes in its operating environment and the global commercial vehicle industry as the primary reasons for the changes.
Commercial Vehicle Group Announces Acquisition of Stratos Seating
Also this week, CVGI reported second quarter 2011 revenues of $206.8 million, up 45.3 percent, compared to $142.3 million for the prior-year period.
Commercial Vehicle Group Breaks Ground on New Plant in Mexico
The 159,550-square-foot facility is expected to be completed in August 2011.
Commercial Vehicle Group 2010 Revenues Increase 30 Percent
The company said revenues for the quarter compared to the prior-year period increased by approximately $22.3 million, due primarily to the increase in the global construction market.
Commercial Vehicle Group Enters Agreement with Daimler Trucks
CVG and Daimler Trucks enter into long-term agreement; CVG to open new facility in Mexico.
Commercial Vehicle Group Reports First Quarter 2010 Results
Revenues for the quarter compared to the prior-year period increased by approximately $37.9 million due primarily to an increase in the company’s global heavy truck, construction and military end markets.
Commercial Vehicle Group Announces Fourth Quarter and Full Year 2009 Operating Results
Revenues for the quarter compared to the prior-year period decreased by approximately $28.7 million, due primarily to the decrease in both the North American Class 8 heavy truck market and the global construction market.
Commercial Vehicle Group Announces Gordon Boyd as President of Seating Systems
In this role, Boyd will oversee the company’s global seating operations and growth initiatives as well as continue to focus on the development and growth of the company’s operations in China, Australia, India, Brazil and South Africa.
Commercial Vehicle Group Closes and Consolidates Liberec, Czech Republic, Facility
The 115,000-square-foot facility was primarily related to the manufacturing and assembly of wiring harness products and will be consolidated into an existing CVG facility located in the Czech Republic.
Commercial Vehicle Group Announces Planned Closure of Norwalk, Ohio, Facility
The company estimates this decision will negatively impact CVG’s 2010 revenues by approximately $10 million to $15 million and approximately $30 million to $35 million on an annualized basis.