Manitowoc Herald Times Reporter: Owner has seen the reports – half of the automotive stamping plants may be out of business in six years, doesn’t plan to be one of them.
Jagemann Stamping has made oil filter housings for Purolator. “In order for us to keep their business they wanted a 50 percent price reduction at a time when raw material costs were projected to go up 40 percent,â€� recalled Jagemann. “We said, ‘No, take the business.’”