Chrysler gearing up for shut-down after Tuesday's Plastech hearing

The Chrysler/Plastech saga is coming to a head (again) this week, when a court ruling tomorrow determines whether or not the automaker can take the tooling it (supposedly) owns from Plastech's production centers. Chrysler already has a few other suppliers lined-up to take over the production of molded parts from Plastech, but if Chrysler wins on Tuesday, it plans to shut down all of its production centers for a week so it can move tooling equipment from Plastech to another supplier. Plastech will be fighting in court tomorrow in an attempt to keep the equipment since, according to the company, it can't reorganize under Chapter 11 bankruptcy protection without the equipment Chrysler is trying to get back.
[Source: Automotive News – Sub. Req.]

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