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Blast halts Porsche 911 production.

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Old 02-25-2008 | 08:34 AM
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Default Blast halts Porsche 911 production.

Blast halts Porsche 911 production
Mon Feb 25, 2008 4:55am EST
FRANKFURT, Feb 25 (Reuters) - A gas explosion at Porsche's (PSHG_p.DE: Quote, Profile, Research) Zuffenhausen plant on Monday has put a halt to its 911 sports car production for at least 48 hours.

"Assembly of the 911 model line will be idled for at least two to three days based on preliminary estimates. The daily production capacity is currently 160 units," the company said in a statement.

A spokesman for Porsche said the company expects it can recoup the lost production in the course of the year by negotiating Saturday shifts with labour leaders. The explosion in the plant's paint shop did not affect other areas of production, such as the line that assembles the engines used in all Porsches. As a result, output of Cayenne and Boxster/Cayman models in Leipzig and Finland, respectively, will not be affected.

Two employees were taken to hospital with minor injuries due to the blast, which occurred around 0400 GMT at the polyvinyl chloride (PVC) thermoplastic gelling oven in the paintshop.

"The amount of damages cannot yet be quantified," Porsche added.

The paint shop will be replaced in 2013 by a new one with daily capacity of 170 units, which is to be built at the cost of roughly 200 million euros ($296 million). (Reporting by Christiaan Hetzner; Editing by Quentin Bryar)
http://www.reuters.com/articlePrint?...40642920080225
Old 02-25-2008 | 09:24 AM
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Thanks for the post...Looks like a price increse to make up for the added expense
Old 02-25-2008 | 11:03 AM
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Glad to hear there were no serious injuries, but what horrible timing. They blow the place up while my very first 911 is on the production line. From what my dealer can tell, my car was not yet in paint, so hopefully there was no damage to my car. Just make sure you fellas get that paint shop put back together right
Old 02-25-2008 | 12:11 PM
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Cars are only metal, plastic and rubber. Thank God nobody was killed or seriously injured.



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