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ARTICLE · 22 MARCH 2021

Everywhere You Look, The Global Supply Chain Is A Mess

Crowe
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Supply chain woes mounted world-wide for makers of everything from cars and clothing to home siding and medical needle containers, as the extreme Texas weather and port backlogs compounded problems...

GlobalTransport
Crowe MacKay LLP
Crowe MacKay LLP
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EVERYWHERE YOU LOOK, THE GLOBAL SUPPLY CHAIN IS A MESS

Supply chain woes mounted world-wide for makers of everything from cars and clothing to home siding and medical needle containers, as the extreme Texas weather and port backlogs compounded problems for manufacturers already beset by pandemic disruptions. Toyota Motor Corp., Honda Motor Co. and Samsung Electronics Co. were the latest multinational companies to chime in about setbacks, with the two auto makers saying Wednesday they would halt production at plants in North America.

Source: The Wall Street Journal 

PORSCHE NOW OWNS AN EVEN BIGGER STAKE IN RIMAC

Porsche announced Monday it will increase its stake in Croatian EV supplier and niche supercar builder Rimac from 15.5 percent to 24 percent through a 70 million Euro (roughly $83 million) investment into the company. Porsche has had a vested interest in Rimac since 2018, when it obtained a 10-percent stake in the EV startup. In 2019, it increased that

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