The Traderszone Network

Published in TZ Latest News 5 November, 2016 by The TZ Newswire Staff

Losses Mount at Jason Industries, Spurring New Cost-Reduction Efforts

The auto industry has been strong in recent years, but that hasn’t translated into good news for every company in that industry. Jason Industries (NASDAQ: JASN), which makes seating, finishing, and automotive acoustical products, has struggled under tough conditions, and coming into Friday’s third-quarter financial report, Jason Industries investors were prepared for widening losses and sluggish revenue.

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