Archive for October 16th, 2008
US steel pressworkers anticipating severe downturn
In their October report, the PMA (Precision Metalforming Association) expect a severe deterioration in business during the next quarter.
Over two thirds of the members expect a steep drop on incoming orders and 30 percent already have some staff on short time.
The general economic climate and a downturn in the automotive industry is blamed for the [...]
Posted: October 16th, 2008 under Manufacturing News.
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