Wages and other costs for the new contract won by the United Auto Workers will trickle down to Tier 1, Tier 2 and Tier 3 auto suppliers, including plastics processors, according to industry analyst Laurie Harbour. The automotive supply chain was already vulnerable before the UAW strike because of COVID, labor shortages and lower automotive volumes.
In this episode of PMM Insight: PMM In Person, Harbour also shares thoughts about recovery for slow machinery sales and concerns about the North American mold making industry.
Ron Shinn | Editor
Editor Ron Shinn is a co-founder of Plastics Machinery & Manufacturing and has been covering the plastics industry for more than 35 years. He leads the editorial team, directs coverage and sets the editorial calendar. He also writes features, including the Talking Points column and On the Factory Floor, and covers recycling and sustainability for PMM and Plastics Recycling.