Navistar International Corp. is a holding company whose divisions makes trucks and other vehicles.
Based in Warrenville, Ill., the company produces International brand commercial trucks, mid-range diesel engines and IC brand school buses, and Workhorse brand chassis for motor homes and step vans. It is a private-label designer and manufacturer of diesel engines for the pickup truck, van and SUV markets. The company also provides truck and diesel engine parts and service. A wholly owned subsidiary offers financing services.
In May, Navistar signed a five-year deal with truck company J.B. Hunt to be the principal provider of International brand commercial trucks to J.B. Hunt through 2014.
For fiscal 2009, Navistar reported revenues of $11.56 billion and net income of $320 million.
The company was initially formed in 1902 by the merger of McCormick Harvesting Machine Company and the Deering Harvester Company. This merged company was known as International Harvester Corporation (IHC) and based in Chicago, IL. The company would make farm equipment, construction equipment, buses, trucks and gas turbines. The first bus was manufactured in 1907.
The company changed its name to Navistar International in 1986.
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Updated June 21, 2010