Page 6 - Factory Closures News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Gun now. >> brian is the owner of the company, his father founded it in 1931. 90 years later he can't help but wonder how he and his 14 employees can survive. recent supply chain problems. >> you have had four major price increases since december. >> that's right. the big guys control the marketplace. you don't pay, you don't get. you are out of business. >> it is not just paper. retail and construction are also feeling the pain. according to the national federation of independent business, half of small business owners report that supply chain disruptions are having a significant impact on th...

Shelves. so we're seeing as we reopen the economy and demand surged, firms haven't been able to keep up with production and also with shipping. so we're seeing these supply chain disruptions everywhere and they're driving prices higher. >> the big question for a lot of people is how long does this last? i mean, is there an end in sight? is there a solution beyond hiring more workers, which you have to find the people to fill those jobs? >> yeah. so i think this is going to take a while, unfortunately. don't forget china is hosting the olympics so they want blue skies so we'll continue to see f...

Jeremy. first of all, if we focus on the uk to begin with, i understand part of the membership of your body have beenin membership of your body have been in discussions with the uk government about the crisis and how industry is coping. what can you tell us?— how industry is coping. what can you tell us? that is right. the uk member— can you tell us? that is right. the uk member is _ can you tell us? that is right. the uk member is the - the uk member is the energy intensive users group and they have been in discussions with the secretary of state to see what can be done to alleviate the e...

Ainsley: everything is taking longer. lead times are normally two weeks. one business owner said. taking six weeks now. brian: build a bear doesn't seem so crazy, right? build your own. ainsley: thank you i got build a bear for my birthday. brian: don't have to get it off the ship. steve: the problem is can't get the part to build the bear. brian: just stuffing. steve: factory closures, covid outbreaks have closed a number of port terminals, that's the problem. big toy company that has 600 containers filled with toys. they can't get them unloaded. so they're just sitting off the coast. the oth...

Extended lockdowns drive some manufacturers elsewhere, including back to China