This is certainly good news, as the automotive industry is one of the largest target markets for chemical companies. While it will take some time to ramp up production, this will help drive demand for plastics, coatings, and other products. Now if the construction and housing market could just begin to pick up a little …
Ford, GM, Fiat Chrysler restart US factories
General Motors, Ford and Fiat Chrysler have begun to gradually restart their US factories, with some big changes put in place to help protect workers from the coronavirus. At Ford 59,000 factory workers, about 80% of the workforce, were expected to show up for work, according to the company. At GM, about 15,000 of the company’s 48,000 factory workers were expected to report to work this week, with more expected to report in coming weeks as the ramp up in production continues, a spokesperson for the company said. Meanwhile, about a third of Fiat Chrysler’s hourly workforce, or about 16,000, were expected to start, according to the company.