LIVONIA, Mich. (WXYZ) — Data being released from the Anderson Economic Group estimates that in the first two weeks of the UAW’s stand-up strike has resulted in $3.95 billion in economic loss.
It states that the second week of the strike hit suppliers particularly hard – an unfortunate fact that engineering and product development-based manufacturer Alpha USA is on the receiving end of.
President and COO of Alpha USA, Chuck Dardas told 7 Action News; “The pressure on the suppliers is enormous right now, we haven’t recovered from COVID.”
Dardas said that every Friday morning at 10 all eyes at his facility are on a screen waiting to see what possible strike locations the UAW may announce next.
“There’s a lot of tension and they wanna know what’s going to happen,” said Dardas.
Alpha USA is a Tier One supplier that makes about 250 million assembly parts a year for Ford, General Motors, and Stellantis.
When the plants that they distribute to shut down his nearly 200 employees lose their customers, their work.
“I think that it’s really overlooked what the impact is on the supply community,” said Dardas. “The supply base could be made more and more fragile as this goes on and that fragility is not good for our economy in Michigan, or in our country.”
The Anderson Group breaks the $3.95 billion loss into the following categories:
- Direct Wages Lost – $325 million
- Detroit 3 Manufacturer Losses – $1.12 billion
- Supplier Losses – $1.29 billion
- Dealer and Customer Losses – $1.2…
