Vehicle Suppliers Association, MEMA / OESA, Engages Ducker Worldwide as Advisor
TROY, Mich., February 8, 2009: As a result of the ongoing credit crisis and resulting reductions in automobile production, the Motor & Equipment Manufacturers Association (MEMA) and Original Equipment Suppliers Association (OESA) are exploring options to address the immediate cash needs and longer term viability of the motor vehicle parts supplier industry. To assist in development of proposals for alternative government backed credit facilities, OESA has engaged Ducker Worldwide as an advisor to the team.
Ducker's advisory practice serves the automotive industry by providing current market information and independent advice as suppliers work with lenders and OEM customers in the areas of strategy, balance sheet recapitalization and mergers & acquisitions. Ducker Worldwide, is based in Troy, Michigan and has provided market research and strategic growth planning services for over 40 years.