Saturday July 4th, 2020 8:32PM

GM plant closings will hit parts suppliers far and wide

By The Associated Press
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TOLEDO, Ohio (AP) — The impact from General Motors' big restructuring this year will be felt beyond the five North American factories that are slated to close in the coming months.

Thousands of jobs at auto parts suppliers and other industry-related positions also are at stake.

Already, two employers with 300 workers in Ohio intend to close because of GM's plan to idle an assembly plant near Youngstown in March.

GM says many of its blue-collar workers whose jobs are facing elimination will find work at the automaker's other factories.

But that won't be the case for many workers in the supply chain who make parts, drive trucks and keep GM's plants operating.

Some economists estimate that for every auto plant job that's cut, another three or four positions are lost.

  • Associated Categories: Associated Press (AP), AP Business, AP Business - Corporate News, AP Business - Economy
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