Remember early in the pandemic when it was hard to find staples like bread, beans and flour at the grocery store? (And toilet paper, of course.)
We've gone on to see shortages in acrylic sheet as schools, shops and offices worked to set up barriers around people. And of course shortages in feedstocks and other items are causing big price spikes for resins.
Well, add another item to the shortages story. Carmakers are having to slow production because the stock of semiconductors is running low.
Our sister paper Automotive News reports that Ford Motor Co. said it will idle its Louisville Assembly Plant this week because of a semiconductor shortage that is threatening to disrupt the industry.
"Roughly 3,900 workers who build the Ford Escape and Lincoln Corsair will be on temporary layoff Jan. 11 through Jan. 17. Hourly workers will receive 75 percent of their gross pay during the down time," Mike Martinez writes.
It has also hit FCA, Honda, Nissan and some European automakers.
Global makers of semiconductors scaled back output during the lockdowns of early 2020. Now these manufacturers are slowly catching up to demand that is ramping back up.