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Navistar to Sell Melrose Park, Ill. Campus to Developer

Navistar to Sell Melrose Park, Ill. Campus to Developer

LISLE, Ill., Jan. 13, 2021 /PRNewswire/ -- Navistar International Corporation (NYSE: NAV) plans to sell its Melrose Park, Illinois facility to a developer who has an actionable plan to redevelop the parcel into a state-of-the-art industrial business park. Navistar estimates that half of the facility's current workforce will be transferred to other facilities. The company expects to cease operations at the Melrose Park campus by November 2021.