Many smaller U.S. manufacturers that supply parts to the Detroit Three automakers will be at risk if a long United Auto Workers strike shuts down assembly lines starting next month, industry executives and analysts said.
the union has mounted, have Detroit industry executives and analysts bracing for walkouts next month. The UAW staged a 42-day strike against GM in 2019 before reaching a new contract.
"There's no question, there will be a strong ripple effect down through the supply chain," said Daniel Rustmann, a shareholder in Detroit's Butzel law firm who works with auto suppliers. "It could be the straw that breaks the camel’s back.""Our revenue is going to take a hit of 10 to 20%," said Todd Olson, chief executive of Twin City Die Castings Co in Minneapolis, which manufactures an array of metal components for automakers.
Laurie Harbour, president of Harbour Results, said she is concerned by the number of her firm's auto parts-making clients who are not yet preparing for UAW walkouts. UAW's Fain has said Sept. 14, the end of the current UAW master contracts with the Detroit Three, is a "deadline, not a reference point." UAW members are voting this week to authorize strikes if new agreements are not concluded, and UAW leaders organized what they called "practice pickets" at certain plants this week.
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