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Broken pay model keeps burden on auto toolmakers


November 5, 2013 3:23 pm ET

NOVI, MICH. — The North American auto industry is going to need to lock in good tool and die makers for the future if they want to meet expected new-product production goals. The question, said industry watcher Laurie Harbour, is whether an expected capacity shortage in tooling will be enough to change the standard payment structure for...

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