The slowdown in the auto industry is being felt well beyond the Big Three automakers currently appealing to Congress for
help. Distributors and manufacturers that serve the automotive industry are struggling to keep their own businesses solvent;
business for many of them has dropped precipitously over the past few months.
Jeff Stohr, president of Conveyer and Caster -Equipment for Industry in Cleveland, OH, says he began noticing a slowdown in automotive about five years ago, but the real turning point was Nov. 1 of this year.
Our business at that time was a fraction of what would be considered normal,"Stohr says. The distributor of material handling products, casters and conveyor systems has annual revenues of $10 million to $15 million, with the automotive ...
Jeff Stohr, president of Conveyer and Caster -Equipment for Industry in Cleveland, OH, says he began noticing a slowdown in automotive about five years ago, but the real turning point was Nov. 1 of this year.
Our business at that time was a fraction of what would be considered normal,"Stohr says. The distributor of material handling products, casters and conveyor systems has annual revenues of $10 million to $15 million, with the automotive ...
Share/Bookmark
The slowdown in the auto industry is being felt well beyond the Big Three automakers currently appealing to Congress for
help. Distributors and manufacturers that serve the automotive industry are struggling to keep their own businesses solvent;
business for many of them has dropped precipitously over the past few months.
Jeff Stohr, president of Conveyer and Caster -Equipment for Industry in Cleveland, OH, says he began noticing a slowdown in automotive about five years ago, but the real turning point was Nov. 1 of this year.
Our business at that time was a fraction of what would be considered normal,"Stohr says. The distributor of material handling products, casters and conveyor systems has annual revenues of $10 million to $15 million, with the automotive ...
Jeff Stohr, president of Conveyer and Caster -Equipment for Industry in Cleveland, OH, says he began noticing a slowdown in automotive about five years ago, but the real turning point was Nov. 1 of this year.
Our business at that time was a fraction of what would be considered normal,"Stohr says. The distributor of material handling products, casters and conveyor systems has annual revenues of $10 million to $15 million, with the automotive ...
Print subscribers can access all content online for free.
Print and online subscribers:
Log-in
Not a subscriber?
Buy this issue now.
Get unlimited access for one month to more articles and data on this topic with an MDM Research Pass: Only $99.
Get unlimited access for one month to more articles and data on this topic with an MDM Research Pass: Only $99.
Leave a Comment