Navistar’s Troy Clarke unveils reborn company

LISLE, IL—On February 4, the $2.4-billion Navistar, which makes Internationals, welcomed hundreds of analysts and journalists to the company’s Lisle, IL., headquarters to unveil, in a day-long parade of executives, technology and flashy show-and-tell sessions, plans to shake off the past.

The Analysts’ day delivered macro- and micro views of the huge operation, ranging from its test-and-design facilities to its corporate restructuring, which over the past two years has seen, according to Navistar’s Senior VP and Chief Procurement Officer Persio Lisboa, divestment of non-core operations; elimination of surplus capacity; a reduction in fixed costs, and an “optimization of supply-base footprints.”

Also, about halfway through the day, Navistar’s Vice President and General Manager Carl Webb described the company’s plans to sell 5,000 more DuraStars in 2015 than 2014