Downturn has a Silver Lining for Firms On Teesside ; Sector Focus: Car Manufacturing Technology Helps Swerve Financial Ruin

Summary


AS UK car manufacturers slam on the brakes, countless smaller firms in the motor supply chain are feeling the impact. But Teesside technologies could put us back in the fast lane NEWS that car sales had fallen off a cliff in October came as no surprise to Teesside companies like plastics firm Nifco, which had built a business supplying the motor trade.

It had been feeling the pinch for weeks - as had countless others in the local supply chain who had begun 2008 with high hopes for a buoyant year.

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Downturn has a Silver Lining for Firms On Teesside ; Sector Focus: Car Manufacturing Technology Helps Swerve Financial Ruin

Regional car giant Nissan had got off the grid confidently enough, predicting that it would create 1,200 new jobs at its Sunderland base ...

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