The impact of COVID-19 is difficult to process as we navigate the uncertainty of the situation on a daily basis. People are the heart of Stoneridge, and through this period, we are committed to doing everything we can to lessen the impact the pandemic is having on our employees, customers, suppliers, shareholders, and communities in which we live and work.
Since many of our global customers are in the critical transportation and infrastructure businesses, we are making every effort to support their continuing requirements to the best of our ability throughout this unprecedented event. Although the impact COVID-19 will have across the industry remains uncertain, Stoneridge is already making progress to return operations to normalcy, and we are doing everything we can to plan for a quick ramp-up. In fact, our facility in Suzhou, China, has reopened and is building up to capacity.
We will continue to monitor the situation and make the best decisions we can for our people and our business. On behalf of the entire Stoneridge team, I would like to thank the truckers, medical professionals, public workers and staff behind the scenes that are keeping our communities running. Please stay safe and healthy during this challenging time. We are in this together.
Jonathan B. DeGaynor
President & CEO, Stoneridge