Manufacturers Increase Vigilance In Wake Of Sept. 11

Jan. 13, 2005
By John S. McClenahen Although a majority consider themselves unlikely targets for terrorist attacks, manufacturers in North America are stepping up security. Most common are developing new disaster contingency plans and increasing surveillance of ...
ByJohn S. McClenahen Although a majority consider themselves unlikely targets for terrorist attacks, manufacturers in North America are stepping up security. Most common are developing new disaster contingency plans and increasing surveillance of facilities, reveals a survey from the Manufacturers Alliance/MAPI, a Arlington, Va.-based policy research group. Significantly, an overwhelming majority of the 52 senior financial officers responding to the survey indicate the new measures are having little impact on operating costs. Just 4% of the alliance's member firms in the sample say new security measures will raise operating costs 1% to 3%. The rest put the increased costs at less than 1%.

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