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Study Points to Automotive Tooling Slowdown

Friday, November 2, 2018
The state of the automotive tooling industry looks sluggish for 2019, according to a study released earlier this week by Harbour Results, Inc. (HRI), a Southfield, MI-based advisory firm specializing in the manufacturing industry. The analysis predicts that 2019 spending on automotive tooling
will fall to $8 billion, a 29-percent decline compared to 2017 and a 15-percent drop when compared to 2018 projections.,_Predicts_Study


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