I'm a self-employed tool & die designer for 20+ years, automotive is a big part of my business. The last 5 years I've done very little for the domestic manufactures more for the foreign companies. There is a difference between going bankrupt and closing for business, our domestic steel industry has been bankrupt many times. A new owner or management comes in and either restart the factory or moves its useable assets elsewhere. Yes their is usually jobs lost, most of which are the overburden that caused the factory to be inefficient in the first place. Sometimes you need to clear the dead wood out to get good growth. I think that is where we are at now.
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