Workhorse Group Announces Strategic Collaboration With Kingsburg Truck Sales And Completion Of Aero Business Divestiture
Portfolio Pulse from Benzinga Newsdesk
Workhorse Group has announced a strategic collaboration with Kingsburg Truck Sales and the completion of its Aero business divestiture. This move is expected to streamline operations and focus on core competencies.
June 12, 2024 | 12:33 pm
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Workhorse Group has entered into a strategic collaboration with Kingsburg Truck Sales and completed the divestiture of its Aero business. This is expected to streamline operations and allow the company to focus on its core competencies.
The strategic collaboration with Kingsburg Truck Sales and the divestiture of the Aero business are significant moves for Workhorse Group. These actions are likely to streamline operations and allow the company to concentrate on its main business areas, which could positively impact its stock price in the short term.
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