J.A. Crough This is Me

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1. 1. Plastics News - Special reports

   www.plasticsnews.com/subscribe - [Cached]

   Published on: 1/8/2002   Last Visited: 1/25/2002

   "People read about these troubled companies and think the whole business is in trouble," noted J.A. Crough, director for the automotive group of the Canadian Imperial Bank of Commerce in Mississauga, Ontario.
   
   "You need to put things in context. The softening is coming off from record years. The numbers are still very respectable."
   
   But with the slowdown forecast to continue for at least one more year, most suppliers are not anxious to spend cash on new projects, unless they can find a way to use new technology to shore up their bottom lines.
   
   ...
   "Those suppliers who are almost exclusively with (DaimlerChrysler) will definitely have some challenges," Crough said. "It´s all going to depend on the diversity of the platforms they´re involved in."
   
   Some processors hope they can convince automakers anxious to shave dollars off production costs -- but still offer up attractive models to consumers -- to consider more use of plastic body panels.

2. 2. Plastics News - Special reports

   www.plasticsnews.com/subscribe - [Cached]

   Published on: 1/8/2002   Last Visited: 1/19/2002

   "People read about these troubled companies and think the whole business is in trouble," noted J.A. Crough, director for the automotive group of the Canadian Imperial Bank of Commerce in Mississauga, Ontario.
   
   "You need to put things in context. The softening is coming off from record years. The numbers are still very respectable."
   
   But with the slowdown forecast to continue for at least one more year, most suppliers are not anxious to spend cash on new projects, unless they can find a way to use new technology to shore up their bottom lines.
   
   ...
   "Those suppliers who are almost exclusively with (DaimlerChrysler) will definitely have some challenges," Crough said. "It´s all going to depend on the diversity of the platforms they´re involved in."
   
   Some processors hope they can convince automakers anxious to shave dollars off production costs -- but still offer up attractive models to consumers -- to consider more use of plastic body panels.

3. 3. Plastics News - Special reports

   www.plasticsnews.com/subscribe - [Cached]

   Published on: 1/8/2002   Last Visited: 1/20/2002

   "People read about these troubled companies and think the whole business is in trouble," noted J.A. Crough, director for the automotive group of the Canadian Imperial Bank of Commerce in Mississauga, Ontario.
   
   "You need to put things in context. The softening is coming off from record years. The numbers are still very respectable."
   
   But with the slowdown forecast to continue for at least one more year, most suppliers are not anxious to spend cash on new projects, unless they can find a way to use new technology to shore up their bottom lines.
   
   ...
   "Those suppliers who are almost exclusively with (DaimlerChrysler) will definitely have some challenges," Crough said. "It´s all going to depend on the diversity of the platforms they´re involved in."
   
   Some processors hope they can convince automakers anxious to shave dollars off production costs -- but still offer up attractive models to consumers -- to consider more use of plastic body panels.