MARION, Ark. – A major employer plans to close in the Mid-South, the company announced.
Hino Motor announced it will shutdown their plan in Marion, Arkansas by the end of 2027. Hino Motors Mid-South plant employs 1,300 people.
The reason behind the closure, according to the company’s board of directors, is that they are losing money in that business.
“Regarding the parts business, we have concluded that recovering sustainable profitability is difficult, and thus have decided to withdraw from this business.” the company said in a letter to investors.
The City of Marion released a statement of appreciation and notice of closure for Hino Motors:
The City of Marion would like to express its deepest appreciation to Hino Motors Manufacturing U.S.A. for their 20…