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NICKG NICKG is offline
is this thing on?
 
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Join Date: May 2000
Location: Franklin, NJ
Posts: 2,527
Quote:
Originally Posted by kaisen View Post
There are already government plans in place
well whoever told you that has no clue..I work for a tier1/2...they owe us millions(in the 50 range) and it is NOT being paid...OR gauranteed..they close? we are done..and my company is one of the more viable ones in the grand scheme of things. what I said is EXACTLY what will happen and IS happening right now. no doomsday, no thoughts...it is what is actually happening.
the pdf you posted is what they say..but to date, NOTHING has happened...not 1 penny has been paid...if they continue to hold off like this...most suppliers will be done irreparable damage to them...and they will have to close even if they get some $ becuase their supplier will have collapsed as well
it is already happening..we make exhaust, many of the small flanges and such are already are already getting hard to get because the subs are dying daily and then they keep the tooling and it is a battle to get it back...
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Last edited by NICKG; 04-08-2009 at 08:35 AM..
Old 04-08-2009, 08:25 AM
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