Bel. Ill. SHUT DOWN!

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2003silverneonsxt
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Bel. Ill. SHUT DOWN!

Post by 2003silverneonsxt » Mon Feb 04, 2008 10:10 am

i guess one of the companies that makes the plastic pieces for chrysler went belly up, and chrysler is closing 4 plants temp.

bell. Illinois is one of them!

i just heard this on cnn like 10 mins ago!
hmmmmm
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NickKo
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Post by NickKo » Mon Feb 04, 2008 1:20 pm

Any word on how long this shutdown is supposed to last ??

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Post by JRM » Mon Feb 04, 2008 1:59 pm

http://www.washingtonpost.com/wp-dyn/co ... 01435.html

DETROIT -- Chrysler LLC plans temporarily to close four assembly plants and to shut down one shift at another due to the bankruptcy filing of one of its plastic parts suppliers, the automaker said Monday.

About 10,500 Chrysler employees will be affected by the plant closures and shift shutdown, spokesman Kevin Frazier said.

Chrysler said the plants are in Sterling Heights; Newark, Del.; Toledo, Ohio, and the Belvidere plant in Rockford, Ill.

The second shift at Toledo Supplier Park in Toledo will be dismissed, the automaker said in a statement Monday morning.

The closings are the result of Dearborn-based Plastech Engineered Products Inc.'s bankruptcy filing last week, spokeswoman Michelle Tinson said.

Frazier said Chrysler terminated its contracts with Plastech on Friday.

A message seeking comment from a Plastech spokesman was left Monday morning.

Plastech has 36 facilities and 7,600 employees in the United States and Canada.

The company makes engine covers, grill panels, moldings, metal stampings, door panels, floor consoles and safety restraint system components for Chrysler, Ford Motor Co., General Motors Corp. and Toyota Motor Co., according to the part supplier's Web site.

Ford is not planning any plant closures or shutdowns related to Plastech, Ford spokesman Todd Nissen said.

"We are working with Plastech to ensure there is an adequate supply of parts to our facilities," Nissen said. "We have not experienced any production losses, but we are continuing to closely monitor the situation."
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Midnight_Rider
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Post by Midnight_Rider » Tue Feb 05, 2008 3:53 am

I thought that I had read of Caliber and Compass sales being slow so this is a good excuse for Chrysler to have an "inventory adjustment." Cerebrus should just buy the assets of that company and make parts in-house (imagine Chrysler being a parts supplier to Toyota! :twisted: ).
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jonnymopar
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Post by jonnymopar » Wed Feb 06, 2008 8:34 pm

Midnight_Rider wrote:...(imagine Chrysler being a parts supplier to Toyota! :twisted: ).
Yeah, that would be an awful lot of pride to swallow to make that happen. :lol:
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Post by farmboy » Wed Feb 06, 2008 9:11 pm

not really. just because we knocked chrysler out of the BIG 3 doesn't mean we wouldn't buy parts from them. doesn't matter though...Toyota usually buys majority stakes in their suppliers anyway. whether it be a legit purchase or a hostile takeover due to supplier screw ups, ( at least to my knowledge and the knowledge of the majority of my co-workers at the Cambridge Ontario plant anyway), that's what we've seen in the past.

sux though about all those people being either out of work or in danger of being out of work.

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