Boeing Halts Russian Titanium Purchases
Boeing said it doesn’t anticipate a major disruption to aircraft output in the near term after stopping titanium purchases from Russia, Bloomberg reports.
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GM, Ford and FCA Shutter North American Factories
Detroit’s big three automakers are to shut down all factories due to fears over the coronavirus.
U.S. Factories in China Open With ‘Severe’ Worker Shortage
U.S. factories around Shanghai will be back at work this week, but the “severe” shortage of workers due to the coronavirus will hit production and global supply chains, Bloomberg reports.
Supply Chains Plan For Coronavirus Disruption
Companies that rely on manufacturing from facilities in Wuhan, China, are considering alternative suppliers as facilities in the region face potential production delays.
US Manufacturing Contracts To 2009 Level
Economic activity contracted in December to lowest level in more than 10 years, according to the Institute for Supply Management.
