Superior Industries closing Arkansas wheel factory
Yesterday Superior Industries International, Inc. announced it will close its Rogers, Arkansas wheel manufacturing plant as part of an initiative to cut costs and increase competitiveness.
The firm expects to cease operations at Rogers by the end of 2014. Production will be shifted to other Superior manufacturing facilities, including those in Fayetteville, Arkansas, and Chihuahua, Mexico, and is anticipated to generate a net $15 million labour cost savings year-over-year. Approximately 500 jobs will be lost.