other material
confidence high
sentiment negative
materiality 0.75
WABASH NATIONAL Corp (WNC): restructuring charge — Wabash National idles MN and IN plants; expects $15-$20M charges, 270 job cuts
WABASH NATIONAL Corp
- Total charges $15-$20M, with $12-$15M recorded in Q4 2025 and $3-$5M in H1 2026.
- Job reductions of 56 employees in Little Falls, MN and 214 in Goshen, IN.
- Cash charges $1-$2M primarily for associate and exit costs; remainder non-cash asset impairment.
- Plan substantially complete by end of Q2 2026; fixed cost reductions expected annually.
- No discontinuation of any business line; facilities idled, not closed permanently.