Credit crisis squeezes local manufacturers

The national credit crisis is squeezing Mahoning Valley manufacturers.

Profits could be lost and workers laid off if Congress doesn’t inject some cash to lubricate the nation’s credit markets, business executives say.

And that’s putting it mildly.

Herbert Schuler Sr., chairman of General Extrusions in Boardman, was blunt about his fears if the nation’s businesses can’t get more credit.

“If everything freezes up, you’re talking about depression,” he said.

For more information, see Wednesday’s Vindicator or www.vindy.com.