PLYMOUTH, Mich. (Sept. 5)—Simpson Industries Inc. said it expects its earnings for the second half of 2000 to be unfavorably impacted by a larger than anticipated drop in heavy-duty volumes, further weakening of the euro and increased product launch activities. Simpson said it expects earnings to fall in the range of $1.03 to $1.05, down 10 to 12 cents per share from earlier forecasts. Simpson´s product portfolio includes noise, vibration and harshness components for the passenger, medium- and heavy-duty truck markets.
Simpson lowers earnings expectations
Letter
to the
Editor
Rubber & Plastics News wants to hear from its readers. If you want to express your opinion on a story or issue, email your letter to Editor Bruce Meyer at [email protected].