Commercial Vehicle Group, Inc., (the “Company”) previously disclosed that it was re-evaluating the transfer of wire harness production from its manufacturing facility in Monona, Iowa, to its facility in Agua Prieta, Mexico, and subsequent closure of the Monona facility because of production challenges with new launches, elevated seasonal orders and a tight labor market in Agua Prieta, Mexico.

On May 24, 2017, the Company concluded that it will keep the Monona facility open. Notwithstanding the decision to keep the Monona facility open, the Company expects to achieve the previously disclosed $8 to $12 million of annual savings from its restructuring efforts.

As provided in General Instruction B.2 of Form 8-K, the information in this Item 7.01 shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed to be incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

Item 8.01 Other Events.

The disclosure set forth under Item 7.01 above is, to the extent required, hereby incorporated into this Item 8.01 by reference.

Cautionary Note Regarding Forward-Looking Information

This Current Report on Form 8-K contains forward-looking statements that are subject to risks and uncertainties. These statements are indicated by words such as “expect”, “estimate” or similar expressions. In particular, this Current Report on Form 8-K contains forward-looking statements about management estimates of savings resulting from the restructuring activities previously disclosed in filings with the SEC. These statements are based upon information available to management as of the date hereof. Actual results may differ materially from the anticipated results because of certain risks and uncertainties, including, but not limited to, higher or unexpected expenses associated with the restructuring activities, delay in the implementation of such activities, inability to achieve the savings anticipated from such activities and other risks and uncertainties described in “Item 1A. Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2016. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results over time, except as required by law. All subsequent written and oral forward-looking statements attributable to the Company or persons acting on behalf of the Company are expressly qualified in their entirety by such cautionary statements.

About Commercial Vehicle Group, Inc. (NASDAQ:CVGI)

Commercial Vehicle Group, Inc. is a supplier of a range of cab-related products and systems. The Company operates through two segments: the Global Truck and Bus Segment (GTB Segment) and the Global Construction and Agriculture Segment (GCA Segment). The GTB Segment manufactures and sells products, which include Seats, Trim, sleeper boxes, cab structures, structural components and body panels, and mirrors and wiper systems. The GCA Segment manufactures and sells the products, which include Electronic wire harness assemblies and Seats, Wiper systems, Office seating, and Aftermarket seats and components. It supplies products for the commercial vehicle market, including the medium-and heavy-duty truck market, the medium-and heavy-construction vehicle market, and the military, bus, agriculture, mining, industrial equipment and off-road recreational markets. It has manufacturing operations in the United States, Mexico, the United Kingdom, Czech Republic, Ukraine, China, India and Australia.

Commercial Vehicle Group, Inc. (NASDAQ:CVGI) Recent Trading Information

Commercial Vehicle Group, Inc. (NASDAQ:CVGI) closed its last trading session down -0.22 at 8.08 with 200,859 shares trading hands.