Harbour Report

Harbour Report: Automotive Vendor Tooling Industry Sees Declining Sales

SOUTHFIELD - In yet another indicator that the automotive business is peaking, Harbour Results just published a report that said the automotive vendor tooling industry will spend $8 billion in 2019,  down from an estimated $9.2 billion in 2018, and $10.3 billion in 2017. The key factor driving decreased tooling spend is the decreased number

By |2018-10-31T18:15:30-04:00October 31st, 2018|Auto Tech, News|

Survey: Tooling Industry Experienced Strong Third Quarter – Capacity Utilization High

SOUTHFIELD – A new survey shows that the tooling industry experienced a strong third quarter, with die shops in particular experiencing an 88 percent spike in capacity utilization and mod shops reaching 81 percent capacity. Shops with revenue ranges of $10-million to $20-million are experiencing peak capacity utilization rates of 87 percent. The results come

By |2017-10-22T16:58:26-04:00October 22nd, 2017|Auto Tech, Autonomous Vehicles|