New Study Finds Government Support for Steel Damages Auto Suppliers; News Conference February 16 in D.C.

The skyrocketing cost of steel -- bolstered by government supports -- is the leading cause of a crisis among U.S. auto suppliers that has lead to bankruptcies and job losses not seen in decades. These are the findings of a new study commissioned by the Motor & Equipment Manufacturers Association (auto suppliers) to be released on Wednesday, February 16 at a 2 p.m. news conference in the First Amendment Lounge of the National Press Club. The event is for working press only.

MEMA (http://www.mema.org/ ) exclusively serves the aftermarket and original equipment automotive and heavy duty product manufacturing industry. MEMA supports its members through its three market segment associations: Automotive Aftermarket Suppliers Association (AASA), Heavy Duty Manufacturers Association (HDMA) and Original Equipment Suppliers Association (OESA).

For more information, CONTACT: Bill Noack of Motor & Equipment Manufacturers Association, +1-202-349-3758.

PRNewswire -- Feb. 14