Wabash National Corp. has announced plans to add approximately 150 new hourly workers in a bid to step up production. This move will bring the total of new jobs on Wabash’s payroll in 2004 to over 400.
“The trailer industry continues to see growth in order activity,” said William Greubel, Wabash president & CEO.
Wabash has been dogged by high commodity prices, but strong volumes and its ability to pass along the added costs, reflected in its March announcement to hike trailer prices by 4.5% to 6%, have helped the company shrug off raw material woes.
“Despite volatile raw material prices, including steel, lumber and aluminum, trailer demand is being fueled by pentup replacement demand and continued improvement in economic activity,” Greubel said. “We have seen an increase in recent trailer demand while expectations for demand in 2005 remains markedly stronger.”