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Lennox at IH shed many of its operating divisions: Construction Equipment Division to Dresser Industries; Solar (gas turbines) Division to Caterpillar; Cub Cadet (lawn and garden equipment) to MTD Products and, lastly, the Agricultural Division to Tenneco, which merged it with their J. The company rechristened itself in 1986 to Navistar International Corporation.
On December 15, 2006, Navistar executives announced further delay of its restatement and 2006 results.
The announcement prompted the New York Stock Exchange (NYSE) to announce the delisting of the company, after 98 years of trading, although the NYSE subsequently delayed the delisting pending an appeal by Navistar.
The International XT (Extreme Truck) pickup truck was a series of three pickup trucks.
It was (by far) the largest pickup truck available for retail sale and two of the three versions (the CXT and RXT) were essentially International Durastar medium-duty trucks fitted with pickup beds.
In December 2014, Navistar disclosed more accounting problems.
These involved out-of-period adjustments, which were corrections of prior period errors relating to product warranties.
International Harvester fell on hard times during the poor agricultural economy in the early to mid-1980s and the effects of a long strike with the UAW over proposed work rule changes.
IH's new CEO, Donald Lennox, directed the management organization to begin exiting many of its IH's historical business sectors in an effort to survive.
In October 2003, Navistar CEO Dan Ustian announced the company would be forming a defense business unit in order to sell military vehicles.Tags: Adult Dating, affair dating, sex dating