Supply Chain Research

Altra Industrial reported 4Q net income that was 6.4% below expectations. That came despite price increases which CEO Carl Christenson stated had “successfully offset input cost increases” including tariffs. In 2019 the firm is nonetheless “monitoring potential secondary impacts from the tariffs”. Altra has already started to trim its U.S. seaborne imports, which came entirely from China in 2018, with a 4.6% year over year cut in 4Q 2018. Should a more significant supply chain retooling be needed its leading import lines include brake systems and mechanical transmission parts which repre...