American Recycler — January 2009 Edition
 

January 2009 News

CONSTRUCTION & DEMOLITION

PAPER

ELECTRONICS

PLASTICS

METALS

Surviving tough economic times in auto recycling

Parts suppliers, such as LKQ, can not only survive, but prosper, in a recession.

According to economists in a recent Wall Street Journal forecasting survey, the United States economy is now in the midst of the worst part of a recession, but growth is expected to return by the second half of 2009.

Gregg Lemos-Stein, a credit rating analyst for Standard & Poor’s auto and auto supply group, covering major auto manufacturers and publicly traded auto recyclers had this to say: “Auto makers are in a very difficult position as are scrap metal businesses and all other suppliers closely tied to it, so all suppliers are facing hard conditions because some of their big customers are Ford, General Motors and Chrysler.      ...read more

AUTO, SECTION B

WASTE

GLASS

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