Monday, June 21, 2011
Japan based Panasonic reported Monday they are continuing to experience shortages of parts as a result of damages to the company’s manufacturing facilities after the March disaster. The company expects to see a 60% year–over-year drop in profits. Shortages of parts have affected sales of televisions and mobile handsets. Although the company expects operations to be back to normal by March 2012, performance will be significantly affected for the first six months leading up to September.
Locally, Chrysler Jeep announced it will be closing its Chrysler Toledo North Assembly Plant and Supplier Park earlier than usual for scheduled maintenance and retool due to potential shortages of parts from their Japanese suppliers. Although the company expects its Japanese suppliers to eventually recover, they are also planning to shut down their Perrysburg Stamping Plant for scheduled maintenance later this summer.
Visit us online to find out Stealth Components can help your production line during the current shortage.
Stealth Components is an independent distributor of standard long-lead-time, allocated, hard-to-find, and obsolete electronic components. We help eliminate gaps, reduce costs and avoid production line delays and interruptions for our global customers.