'It's time to move on': Martinrea executives call for end to travel restrictions
"We're seeing tremendous opening in the United States, in a lot of different places...it's time to move on. There are good things happening, and we've got to recognize that." When asked by an analyst about the "drag" on business caused by the acquisition of a company called Metalsa in March 2020, chief financial officer Fred Di Tosto said travel restrictions and "chaos at the border" have limited the work that Martinrea could do on the plants abroad, calling the 14-day quarantines and hotel quarantine policies "an incredible pain for our industry." At the time of the acquisition, Metalsa had...