Hot Off the Press
Better Financial Results Expected
for Auto Suppliers
Thursday, February 05, 2004
The benefits of new platform launches and increased vehicle production, though offset somewhat by price-downs and higher material and operating costs, should allow automotive suppliers to deliver improved financial results in 2004. That’s according to Moody’s Investor Service in its 2004 Outlook for the Industry report. In addition, suppliers should be able to generate cash flow and pay down debts. In 2004, Moody’s expects light vehicle production to rise 3 percent to 16.3 million vehicles.
Pacific Press Launches New Website
Wednesday, February 04, 2004
Pacific Press Technologies, Mt. Carmel, IL, has updated all of the product information on its new website,
www.pacific-press.com. There, you’ll find information on hydraulic C-frame and straightside presses, press brakes, production shears, compression molding presses and other pressworking equipment. You’ll also find customer success stories and other news releases.
Web-Based Seminar
Addresses Manufacturing in Mexico
Wednesday, February 04, 2004
On February 19 at 3:00 EST, The Offshore Group will host the first web-based seminar (a Webinar, if you will) in its 2004 series. The program is titled, Manufacturing in Mexico Under the Shelter Program. Pre-register at
www.offshoregroup.com/interactive.asp.