THAILAND FLOODING
Economic losses: $45 billion
Industry impact: About 45 percent of the world's hard-disk-drive manufacturing capacity is in Thailand.
Shortages. Hard disk drives for laptops, tablets and desktop computers. Prices have soared.
Recovery estimates: "We expect the situation will improve, but it won't feel as if things are back to normal until 2013," John Rydning, an IDC analyst who follows the hard-disk-drive market, told Computer World.
FLOODING FELT HERE
Minnesota companies affected by Thailand floods:
Hutchinson Technology. It hopes to have its Thailand plant operating again by the end of June. Costs: up to $35 million. Insurance will pay for about $25 million of the repairs, the company said.
Donaldson Co. Its disk-drive filter business accounts for about 5 percent of sales. Flooding in Thailand has "really slowed worldwide production of disk drives. So we figure that will take our revenue number down about $15 million," CFO James Shaw told analysts.
3M Co. Fourth-quarter operating profit reduced by $20 million; revenue by about $35 million.