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Stock impact report

GM offers manufacturing blueprints for face masks to 600 auto parts suppliers amid virus pandemic [CNBC]

General Motors Company (GM) 
Last general motors company earnings: 2/5 08:05 am Check Earnings Report
US:NYSE Investor Relations: gm.com/investors/index.html
Company Research Source: CNBC
General Motors Chairman and CEO Mary Barra on April 1, 2020 tours one of the company's facilities in Warren, Michigan that will produce Level 1 face masks.GMIn a note to the suppliers on Saturday, Shilpan Amin, GM's vice president of global purchasing and supply chain, said it is making the automaker's step-by-step manufacturingplans for the personal protective equipmen"Our ultimate goal is to get more masks to the people who desperately need them," he said in part of the message obtained by CNBC. "We also recognized it would be counterproductive if GM – or any other manufacturer – competed for supplies with existing medical-mask companies. By making available GM's production processes to our global supply base, we hope to facilitate other companies' efforts to bring more materials, more equipment and ultimately more facemasks to the community."GM, according to a spokesman, will provided suppliers detailed specs on materials, equipment, and processes – essentially, what suppliers woul Show less Read more
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