Letter from the CEO: Market Update April 23, 2020
APRIL 23, 2020
Facilities continue to encourage all individuals to practice social distancing guidelines and keep a distance of 6 feet or more from others. The automotive industry continues with many manufacturers closed. As soon as the manufacturers start ramping up, capacity for exports could be absorbed creating capacity issues for other industries. This past week, some states announced a mandatory shut down of manufacturing plants in Mexico until April 30.