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Stock impact report

Why Are Apparel And Automotive Companies Making Face Masks? [Forbes]

MSA Safety Incorporated (MSA) 
Last msa safety incorporated earnings: 4/29 05:30 pm Check Earnings Report
US:NYSE Investor Relations: investors.msasafety.com
Company Research Source: Forbes
Photo by Ashkan ForouzaniThe economic fallout of COVID-19 disrupted the medical supply chain causing apparel and automotive companies to pick up the slack in producing critical medical items. Imports of respiratory protection equipment, including face masks and powered air-purifying respirator systems (PAPRs) from China, were already entangled in the trade war between Beijing and Washington, raising prices. Now rising-market demand linked to the pandemic has led to nationwide medical supply shortages.This crisis is an opportunity for business leaders to view the disruption of production and supply lines as an incentive to add more flexibility into operations and perhaps even exit a recovery period in a stronger position.According to business analysts, market share concentration of manufacturers and wholesalers of respiratory protection equipment has increased during the last three years as a result of offshoring and consolidation. Honeywell, 3M and MSA Safety earn the bulk of the sect Show less Read more
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