Parts Suppliers Running for Cover

On May 15, Chrysler officially began informing approximately 1,200 suppliers about its plan to settle outstanding claims prior to filing for bankruptcy. During court proceedings, the company revealed a primary list of affected vendors, including the specific amounts owed to each. It was also stated that contracts with these suppliers would continue under the new entity formed through the sale of most of Chrysler's assets. It's important to note that this list is not yet final, and Chrysler remains open to working with any supplier who wishes to continue doing business with the newly established company. This flexibility aims to maintain supply chain stability during the transition. Among the largest recipients are Continental AG from Germany and Johnson Controls based in Milwaukee, both expected to receive around $70 million. Magna International from Canada is set to get just over $63 million. These payments will be made in installments over the coming weeks, with the remaining balance anticipated after the sale involving Flat Group SpA from Italy. Chrysler has also indicated it will engage in negotiations with any supplier who disputes the amount they are owed. A court hearing on June 4th will provide an opportunity for any objections to be heard by Judge Arthur Gonzales. Meanwhile, Toyota has been actively seeking alternative suppliers over the past year, preparing for potential disruptions caused by financial challenges faced by both GM and Chrysler. The company appears well-prepared for future uncertainties. As consumers, we might soon see how well Toyota is handling the situation when we visit our local dealership and check the availability of parts—whether they’re in stock or on backorder.

Cast Iron Hydraulic Balancing Valve

* Flow Balancing Valve,Hydraulic Valve Types,Pressure Balance Valve,Thermal Balancing Valve

Aone-Best Balancing valves have two materials, the valves`s matreial below DN50 is bronze and the others are ductile iron. The valve`s core is brass. The seals are EPDM.

* The connection of DN50 or smaller size is threaded and the flange if used for DN65 or bigger size.

Flow Balancing Valve,Hydraulic Valve Types,Pressure Balance Valve,Thermal Balancing Valve

A1-Best Trading Corporation , https://www.aone-best.com