Wabash Invests $20M In Minnesota Facility To Boost EcoNex Production

  • Wabash National Corp WNC expands the manufacturing capacity of EcoNex Technology to address customer demand and equipment challenges that refrigerated carriers have faced for years.
  • Wabash will invest an additional $20 million in the expansion at its 53-acre site in Little Falls, Minnesota, and create more than 200 new jobs by the end of 2023.
  • EcoNex is Wabash's proprietary, next-generation molded structural composite that utilizes environmentally conscious materials to reduce greenhouse gas emissions and dependency on non-renewable energy.
  • Wabash claims that EcoNex significantly reduces corrosion and increases asset life since it has a higher thermal capability while being lighter in weight.
  • Price Action: WNC shares are trading higher by 2.49% at $18.33 on the last check Thursday.
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