Siting Trends for Tier 1 and Tier 2 Automotive Suppliers
Automotive suppliers represent a significant portion of the manufacturing workforce in many states. In fact, depending on what NAICS codes are included, the automotive supplier sector employs nearly 665,000 people in direct employment and another 1.8 million in indirect employment in nearly every state in the union. The automotive industry as a whole experienced unprecedented growth in production and profitability during the 1990s – this was true for both Original Equipment Manufacturers (OEMs) and their suppliers. Since the year 2000, however, the competitive situation for the OEMs and their suppliers has changed dramatically. more....