Miller Industries expects losses from new product line - WRCBtv.com | Chattanooga News, Weather & Sports

Working Together For You

Miller Industries expects losses from new product line

Posted: Updated:
Employees put massive trucks together in the large wrecker assembly shop at the Ooltewah branch of Miller Industries Inc. Photo by Dan Henry/Times Free Press Employees put massive trucks together in the large wrecker assembly shop at the Ooltewah branch of Miller Industries Inc. Photo by Dan Henry/Times Free Press
OOLTEWAH, TN (Times Free Press) -

A new product line and plant expansion have turned sour for Miller Industries.

The Ooltewah towing equipment manufacturer expects to lose more than $1 million during the fourth quarter this year on a joint venture to produce large, over-the-road trailers under the Delavan brand.

Miller Industries spent $1.8 million to add the product line to its Greeneville, TN, plant in August. The line of trailers added 58 jobs to the plant. But now Miller is cutting back on the unprofitable Delavan line, which is a joint venture between Miller Industries and the Lohr Group, a private French transportation company.

"Operations related to the Delavan joint venture have been reduced in an effort to minimize future losses," the company said in a release. "[Miller Industries] will continue to evaluate the viability of the joint venture and to focus on additional steps to reduce its future losses, including consideration of whether each of the joint venture's products can be produced profitably."

Read more from our news partners at the Chattanooga Times Free Press.


Powered by WorldNow
Can't find what you're looking for?

WRCB-TV
900 Whitehall Road
Chattanooga, TN 37405
(423) 267-5412

WRCB Jobs EEO | FCC Public Files

Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and WRCB. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.