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.
While Jeff Bezos’ Blue Origin has been knocking off successful flights of its suborbital tourist rocket New Shepard in Texas, work continues to get its massive New Glenn orbital rocket ready for flight from Florida.
It’s not every day that a Central Florida theater production captures the attention of New York City creative types. But by putting a new spin on a tale as old as time, one show this summer did exactly that.
Just 6,800 units were added last week to AutoForecast Solutions’ tally of vehicles lost to the semiconductor shortage, one of the lowest weekly totals since the start of the microchip crisis.
The industry has been hungry for more engineers for at least two decades. But now it’s getting worse.