SOURCE: Industrial Info Resources

Industrial Info Resources

March 24, 2011 07:10 ET

Electronics and Aircraft Sectors Could Be Next to See Tsunami-Related Shortages, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - March 24, 2011) - Researched by Industrial Info Resources (Sugar Land, Texas) -- The effects of the tsunami that ravaged parts of Japan have been far-reaching. The automotive sector began to show signs of strain almost immediately, thanks to the damage done when tens of thousands of vehicles, many of which were ready for the markets in North America, were swept away in a matter of minutes. In addition, the temporary plant closures that had to be instituted within the automotive sector in Japan caused obvious shortages of both parts and vehicles throughout the world. However, other major manufacturing sectors are only beginning to feel the effects of the catastrophe, namely the electronics and aircraft sectors.

Estimates are that the world's two major aircraft manufacturers, The Boeing Company (NYSE:BA) (Chicago, Illinois) and Airbus SAS (Blagnac, France) are currently operating under a 7,000-plane backlog, a number that could increase if parts delivery from Japan becomes a significant problem in the coming weeks. 

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