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Article: Price squeeze to hit some auto molders.
- Article from:
- Plastics News
- Article date:
- November 6, 2000
- Author:
CopyrightCOPYRIGHT 2000 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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PORT HURON, MICH. -- Through the past decade, small to midsize molders watched as industry leaders merged and acquired their way to the top of the auto supply chain.
Now those same pressures to either grow or sell out are about to hit them full force, and they must decide if they will develop a unique niche or hang on as a shoot-and-ship molder -- and whether they can lead a business that can fight pricing cutbacks pushing their way down the value chain.
"The price squeeze is real," said Daniel Luria, vice president for strategy and measurement with the Michigan Manufacturing Technology Center of Plymouth, Mich., during an Oct. 11 conference on Profits ...
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