TULSA — School bus maker IC Corp. is shuttering an Arkansas assembly plant and moving the work to Tulsa, but the closure won’t mean any new jobs here, at least for now.
Management broke the news to workers in Conway, Ark., on Thursday.
A company spokesman cited the economic downturn and tighter budgets at school districts across the nation.
"The market is very, very slow and school districts aren’t ordering many buses,” said Roy Wiley, a spokesman for IC Corp.’s parent company, Warrenville, Ill.-based Navistar Inc.
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