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Tuesday, March 15, 2011 9:19:53 PM
dateTue, Mar 15, 2011 at 8:54 PM
subjectRE: Increased auto production in the US?
hide details 8:54 PM (22 minutes ago)
Hi xxxxx.
As to the general impact on the stock market, the NIKKEI is already up 4.75% this morning; a very god sign. More than likely this disruption will cause an increase in production to satisfy the pent up demand, once the power and supply problems in Japan have been resolved.
For MWW it might have a rather positive impact, since for now the Toyota Vehicle Processing Centers here in the US (our major customers) will focus on selling through their existing inventory and Toyota factories in the US might increase production to substitute for the loss of shipments coming from Japan. This should result in an increase in orders for us as well.
Obviously the definite answer to that question will clear when we receive our next monthly POs from our large customers.
In addition to that we are now less vulnerable to these fluctuations, since we have diversified our customer base and commenced with production for several large domestic manufacturers and have a large number of new domestic projects quoted.
That is my contribution to your discussion. Thank you for your interest.
Regards
Rainer Poertner
Business Development
( 310-306-1266 Office Los Angeles
( 517-540-0045 x 39 Office Detroit
( 310-614-2454 cell
7 310-822-1633 fax
* rpoertner@mwwautomotive.com
@ twitter.com/rainerpoertner
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