SOURCE: Industrial Info Resources

Industrial Info Resources

April 06, 2011 07:15 ET

Toyota Temporarily Closing All North American Plants, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - April 6, 2011) -  Researched by Industrial Info Resources (Sugar Land, Texas) -- The earthquake and tsunami that rocked Japan on March 11 have had widespread impact across the world. The human toll of the disaster has been high, but the effect the devastation is having on manufacturing efforts is only now beginning to truly show.

There are shortages in electronics, causing delays or stoppages in the production of computers, televisions, cell phones and other electronic devices. The automotive sector has seen significant shortages in vehicles and key parts. As a result of the devastation, Toyota Motor Corporation (NYSE:TM) (Toyota City, Japan) is predicting it will be forced to temporarily shut down all of its North American manufacturing plants because of shortages in key parts necessary to manufacture its automobiles.

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