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    Home > Coatings News > Paints and Coatings Market > A large number of factories are closed, and the US tire industry urges Congress to pass the economic stimulus plan

    A large number of factories are closed, and the US tire industry urges Congress to pass the economic stimulus plan

    • Last Update: 2020-03-25
    • Source: Internet
    • Author: User
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    Novel coronavirus pneumonia spread in March 23rd, novel coronavirus pneumonia, is now accelerating The number of cases of the first case of new crown pneumonia has reached 67 in 10 days, reaching second 100 thousand, and only 11 days in third days, and third 100 thousand in 4 days The deepening of the epidemic has also created obstacles to automobile production Recently, many automobile brands, such as Volkswagen, Mercedes Benz, Renault, Peugeot Citroen, GM, Ford, Fiat Chrysler, etc., announced "production suspension and risk avoidance" According to incomplete statistics, there are more than 100 auto factories in the world that have plans to stop production or have already stopped production Affected by the epidemic, many internationally renowned tire companies have successively closed factories in Europe and North America It is estimated that there are nearly 100 factories, and the number is still increasing At the same time, it also affected some tire industry activities, and even the leadership of tire manufacturers reduced their salaries The U.S tire industry has urged Congress to pass the economic stimulus package, the U.S Tire Manufacturers Association (ustma), urging lawmakers to make policies to provide economic assistance to tire manufacturers and their workers in the event of production disruption caused by the coronavirus epidemic "Our members play a vital role in ensuring safe and reliable transportation, especially in emergency situations," said Anne forristall Luke, ustma president and CEO "Ensuring the health and well-being of nearly 100000 full-time workers in tire production in the United States is a top concern for our member companies." Ustma wrote to the leaders of the U.S Congress: enacting a bill to provide relief to affected employees and provide tax credits to employers; temporarily suspending payroll taxes paid by employers, and eliminating these taxes at least in March, April and may; To ensure that cross-border trade, especially within North America, is not adversely affected by policies aimed at curbing the spread of coronavirus "Our 13 member companies operate 58 tire related manufacturing facilities in 17 states, with annual sales of more than $27 billion," ustma said "Tire manufacturing is a critical industry that directly supports more than 250000 U.S jobs - a total of nearly $20 billion in wages - across every congressional district in the United States," ustma stressed As novel coronavirus pneumonia, Goodyear, Bridgestone, Michelin and Cooper tire are one of the main tire manufacturers They suspended production in North America due to the new crown pneumonia epidemic Novel coronavirus pneumonia confirmed at the 23 time at 14:30 Eastern time (2:30 2:30 Beijing time) at the Johns Hopki University 23, released by the United States The latest confirmed cases of new crown pneumonia in the United States rose to 41511 cases and 499 cases died The latest development is that the trump administration's $2 trillion outbreak stimulus bill was blocked in the Senate Thursday, including financial assistance to ordinary Americans, small businesses and industries seriously affected, including airlines According to foreign media reports, Democrats in the U.S House of representatives will propose a $2.5 trillion stimulus plan to reduce the economic damage caused by the new coronavirus epidemic The novel coronavirus pneumonia (COVID-19) has been closed down in Europe and America A large number of tire factories have been shut down Tire giants such as Goodyear Bridgestone Michelin and Cooper Tire have shut down nearly 100 factories in Europe and America Novel coronavirus pneumonia was announced in March 18th, Goodyear tire, to stop the new crown pneumonia outbreak, and to suspend the operation of tire and retread plants in Europe, North America and South America, at least until April 3rd, affecting 25 tire factories Michelin recently announced that it will shut down factories in France, Italy and Spain After that, Michelin announced that it would stop production in some tire factories in the United States and Canada for a tentative period of two weeks Bridgestone announced on March 19 that it would close 15 factories in North America and Latin America as of March 21 The company plans to resume normal operations on or before April 12 Germany's Ma Pai is considering shutting down the U.S tire factory Ma Pai has 4 factories in America, including 3 in the United States and 1 in Mexico Japan's tyre factory in Singapore has closed, toyoo said On March 21, the United States announced that it plans to suspend the production of tire factories in the United States and Mexico to protect employees' safety and cope with changes in the global market Pirelli said its tire plant in Georgia, the United States, will be shut down for a week (Sinochem new network)
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