SOURCE: Wabash National Corporation

October 06, 2006 09:54 ET

Wabash National Corporation Confident in Trailer Tire Availability

LAFAYETTE, IN -- (MARKET WIRE) -- October 6, 2006 -- Wabash National Corporation (NYSE: WNC) today announced the company has taken precautionary measures to help ensure availability of trailer tires despite the recent strike announcement related to the Goodyear Tire & Rubber Co.

In addition to commitments from Goodyear on their existing tire stock, the company has ordered safety stock from two other leading tire manufacturers. Currently, the company believes it has secured enough reserve tire stock to support a minimum of ten weeks uninterrupted production.

"We have assurances from two leading suppliers that, as a priority customer, tire delivery and capacity will not be an issue," said Dick Giromini President and Chief Operating Officer. "We will continue to monitor the situation and take the steps necessary to meet our customers' production requirements."

Headquartered in Lafayette, Ind., Wabash National® Corporation (NYSE: WNC) is one of the leading manufacturers of semi trailers in North America. Established in 1985, the company specializes in the design and production of dry freight vans, refrigerated vans, flatbed trailers, drop deck trailers, and intermodal equipment. Its innovative core products are sold under the DuraPlate®, ArcticLite®, and Eagle® brand names. The company operates two wholly owned subsidiaries: Transcraft Corporation, a manufacturer of flatbed and drop deck trailers; and Wabash National Trailer Centers, a retail distributor of new and used trailers and aftermarket parts throughout the U.S. and Canada.

This press release contains certain forward-looking statements, as defined by the Private Securities Litigation Reform Act of 1995. These forward-looking statements including statements about our expectations for improvement in future results are, however, subject to certain risks and uncertainties that could cause actual results to differ materially from those implied by the forward-looking statements. Without limitation, these risks and uncertainties include increased competition, reliance on certain customers and corporate partnerships, risks of customer pick-up delays, shortages and costs of raw materials, risks in implementing and sustaining improvements in our manufacturing capacity and cost containment, and dependence on industry trends. Readers should review and consider the various disclosures made by the Company in this press release and in our reports to its stockholders and periodic reports on Forms 10-K and 10-Q.

Contact Information

  • Press Contact:
    Tom Rodak
    Marketing and Communications Manager
    (765) 771-5535

    Investor Relations:
    (765) 771-5310