Tool Firms Seek Aid From U.S. Loan Plan.

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    • Abstract:
      The article reports that metal-stampers and manufacturers of tool-and-die equipment in the U.S. will seek a $30 billion loan-guarantee program from the U.S. government, funded from the government's Troubled Asset Relief Program. Tooling and machining firms have significant up-front costs, but frequently must wait months to get paid by customers.