Ford Cancels a $1.6 Billion Mexico Plant and Adds 700 Jobs in Michigan
Ford Motor Co (F, +0.96%) on Tuesday scrapped a planned Mexican car factory and added 700 jobs in Michigan following criticism by Donald Trump, as the U.S. president-elect turned his attention toward rival General Motors Co with the threat of a “big border tax” over compact cars made in Mexico.
Ford CEO Mark Fields called the move “a vote of confidence” in Trump, but primarily a response to a decline in North American demand for small cars like those that would have been made at the Mexican plant. He said Ford would have made the same decision even if Trump had not been elected.
Ford will cancel plans unveiled in April to spend $1.6 billion to build the new plant in San Luis Potosi, Mexico, a project Trump urged the automaker to abandon and called an “absolute disgrace” during the election campaign.
http://ecomputerzone.com/ford-cancels-a-1-6-billion-mexico-plant-and-adds-700-jobs-in-michigan/Comment
-
Comment by Nazda Pokmov on January 9, 2019 at 12:29pm
-
It's about time Ford got rid of the MExican built cars and came back to USA. The quality of the Mexican workers is sadly lacking in consistency. Ford wanted to save money and only ended up shooting themselves in the foot by moving a plant to Mexico. Why not just move the car factories over to China....that makes about as much sense....which is no sense.
"Destroying the New World Order"
THANK YOU FOR SUPPORTING THE SITE!
Latest Activity
- Top News
- Everything
Elon Weighs in on Charlie Kirk's Assassination and How it is an Instrument of Social Control
For a very long time now there has been in place mass population behavioral control operations that…See More
"Less Prone Thanks Buddy I worked on it for 3 days! "
"You have spun a great story, congratulations!"
"Les prone, Thanks Buddy! "
"Less Prone as usual the official version of the truth does not match the evidence and is labeled…"
"Charlie Kirk was getting very critical against Israel and had turned down a lucrative deal from the…"
The Army of Government Launched Psychopaths
They walk among us in most college towns. They seem relatively reasonable until political…See More
"Have to sign in to YT for this. So. What I do is to go to https://ytdown.io/en/ and download…"
"cheeki kea, you are spot on. The old guard is about to collapse! "
"cheeki kea, the Japanese thought they could expand their empire and exact enough damage on the US…"
© 2025 Created by truth.
Powered by
You need to be a member of 12160 Social Network to add comments!
Join 12160 Social Network