GM strike cost Strattec $3 million in 15 days

The ongoing labor dispute between the UAW and GM cut net sales by 2.5% for Milwaukee-based Strattec Security Corp., which makes mechanical and electrical locks and keys, door handles and other automotive products. The company estimated the UAW strike, which started on Sept. 15, cost it around $3 million in net sales during the quarter, … Continue reading GM strike cost Strattec $3 million in 15 days