Monday, April 11, 2011

PLASTIC NEWS: Auto suppliers worry about domino effect


North American suppliers -- even those that appear to have little exposure to Japan’s automakers or suppliers -- are poring over contingency plans and preparing to take a hit.

A survey by the Original Equipment Suppliers Association of its members conducted March 21-31 and released last week found that almost half of the North American respondents already have had production schedules reduced as a result of the earthquake. Two-thirds of those who haven’t seen schedules cut yet said they expect to see output reductions over the next month and a half.