Chrysler's Bankruptcy Has Ripple Effects

Last Update: 5/01 10:11 am

Chrysler Supplier

Local suppliers are dealing with Chrysler's bankruptcy.

SEE ACTION NEWS REPORT IN VIDEO PLAYER ON THE RIGHT

Chairman and CEO Dwight Carlson of high-tech supplier Coherix is understandably concerned about what Chrysler's bankruptcy filing could do to his business.

Coherix supplies products to enhance Chrysler's manufacturing capability.

Carlson says if the bankruptcy takes a long time it will have a huge impact.

He hopes the President is right.

Barack Obama says it can be a relatively short stint in bankruptcy for Chrysler.

Coherix employs about 50 people at its plant in the Ann Arbor/Pittsfield Twp. area.

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