Monday, June 27, 2005

Troubling Trends: Lear to close 5 US Plants - Outsource Production, Toyota goes to Canada

Troubling trends in the auto industry continue. Component supplier, Lear Corp. announced plans to close up to five U.S. factories and move the production to cheaper countries.

In separate news, Toyota has indicated that it may open a new assembly plant in Ontario. Once again, the USA misses out because of a disfunctional health-care financing system.


Lear to move 5 plants to cheaper countries - 06/27/05
Posted by at

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.

Subscribe to: Post Comments (Atom)