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Daimler AG to close Ontario transit bus plant as part of restructuring

Daimler AG is closing a bus plant in Mississauga, Ont., as part of a plan to shut down its North American transit bus business, eliminating the jobs of about 200 active workers and another 200 on layoff.

The company says it will immediately stop taking orders for its Orion buses and look to close the Toronto-area plant once it completes its current orders over the next year.

A plant in Oriskany, N.Y., will continue operations as a parts and field service location.

Daimler says the decision follows expectations that the transit bus business will remain depressed for the next several years.