NAV - Mergers and acquisitions

LISLE, Ill., Feb. 11, 2021 /PRNewswire/ -- Navistar International Corporation (NYSE: NAV) acquired a new property in San Antonio, which includes existing buildings that will house support functions for its under-construction plant in the area. Navistar's total investment in the region will exceed $275 million and create over 650 jobs, pending local incentive approvals. Ahead of Navistar's San Antonio manufacturing plant launch, the company acquires second property in the area. The expansion in Texas is part of Navistar 4.0, the company's enterprise-wide growth strategy. Navistar's under-construction 900,000-square-foot plant in San Antonio will produce Class 6-8 vehic