by Roby Brock (roby@talkbusiness.net)
Japanese auto parts manufacturer Hino Motors will close its Marion, Ark., facility by 2027 shedding 1,300 jobs in eastern Arkansas. Citing heavy losses, Hino outlined the action in a May 31, 2024 memo to its board of directors.
“We hereby announce that at the Board of Directors meeting held on May 31, 2024, we decided to withdraw from the parts business at HMM Arkansas plant,” the memo read.
The Arkansas plant will be closed by the end of 2027 and Hino said it will withdraw from the parts business altogether. The Marion facility opened in 2006.
