Declining truck sales led Volvo Group to layoff 143 employees this week at its powertrain factory in Hagerstown, Md.
The layoffs, which were effective Monday, follows 138 other job cuts made at the plant earlier this year.
While industry-wide, roughly 300,000 heavy-duty trucks were sold during 2015—the industry’s second best year ever—sales for this year are expected to drop to around 240,000 trucks.
The 1.5 million-square foot factory in Hagerstown manufacturers Volvo D11, D13 and D16 engines along with Volvo I-Shift automated manual transmissions.
