Navistar And UAW Members Approve New Labor Agreement

Navistar International Corporation(NYSE: NAV) and the UAW announced today that UAW-represented employees haveratified a new four-year labor agreement. The contract was approved by amajority of voting UAW members and replaces the prior contract that expiredOctober 1, 2014."The new contract will help our UAW-represented facilities embrace leanprinciples, which will allow them to remain competitive in today's businessenvironment," said Troy Clarke, Navistar president and chief executiveofficer. "The contract also helps our UAW-represented employees and retireesmaintain a good standard of living.""UAW members have approved a contract that is fair and equitable for both themand company," said UAW Vice President Norwood Jewell, who directs the union'sHeavy Truck Department. "With this new contract, our members may continueserving our customers in the heavy truck industry while maintaining good jobsand benefits that will allow them to support their family and community. Thisis an example of how working men and women and companies can work together sothat everyone wins."Bill Osborne, Navistar senior vice president, manufacturing and quality,commended the UAW for its efforts to collaborate to address the needs ofemployees along with critical business matters."We value our partnership with the UAW," said Osborne. "We found common groundon some difficult issues and we will continue in that spirit of cooperation aswe move forward."Adopting lean principles across all its operations and delivering productswith industry-leading uptime are key parts of Navistar's strategy. "We'recommitted to supporting all of our operations to build quality products thatdeliver on our Uptime mission," Osborne added.The UAW represents approximately 1,500 employees at five Navistar facilitiesin Melrose Park, Ill. (engineering and engine assembly), Springfield, Ohio(truck assembly) and Atlanta, Dallas and York (Pa.) (parts distributioncenters). For more information on Navistar's negotiations, visit:www.navistar.com/negotiations.