TROY, Mich. — 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 effort on behalf of MEMA and OESA will be lead by Scott Merlis, managing director, Ducker Worldwide.
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 and acquisitions.
