DEARBORN, MI – Jerry Sumpter, president and CEO of leather-supplier Eagle Ottawa LLC, thinks the struggling new-vehicle market has hit bottom. At least he hopes so. “It’s been really, really tough,” Sumpter says of the last 12 months. “We’re hopeful we’ve hit the bottom. And that’s important, to find the bottom and stabilize.” As a direct supplier to Tier 1 parts makers, such as Lear Corp. and Johnson Controls Inc., Eagle Ottawa feels the effect of anemic vehicle sales as acutely as ...
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