Suppliers
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Parts shortages and heightened commodity prices are putting the squeeze on Tier 2 and Tier 3 suppliers, often forcing them to go to their Tier 1 customers to renegotiate pricing or ask for a cash infusion — or else risk going out of business entirely.
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Windsor Machine Group, an Ontario supplier, has developed what may be the first headrest system that moves closer to an occupant's head before an accident occurs. The system could reduce or even eliminate whiplash injuries in rear-end collisions.
Linamar Corp. says sales climbed in its last quarter on increased market share and higher pricing while profits saw a modest dip in part on higher input costs.
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