Nervous Suppliers Halt Shipments; Immediately Shut Down Two Chrysler Stamping Plants
There’s nothing more taboo across all manufacturers and/or suppliers than making a mistake to shut down a plant. Of course, it’s usually something unintentional but extremely costly.
However, certain Chrysler suppliers did just that today. Except, they knew exactly what they were doing….how can you blame them?
Nonetheless, two Metro Detroit Chrysler Stamping Plants (Warren and Sterling) unexpectedly stopped the presses and shut down the plant. Until further notice…..
From the Detroit Free Press
Suppliers balk, shutting 3 plants
[...] in the tooling and stamping industry. When General Motors was tying payments to PPAP (essentially a delay tactic) Bing Metals–like many others–were put in nightmarish cash-flow situations that most [...]