Ford Motor said on Tuesday it plans to cancel production of a new plant in Mexico, and instead invest $700 million in Flat Rock, Michigan.
The U.S. auto giant said on Tuesday it will end plans for a $1.6 billion plant in San Luis Potosi, Mexico, and make expansions to its plant in the U.S. Ford added it will build its next-generation Focus at an existing plant in Hermosillo, Mexico, to improve company profitability.
A high level source within Ford stressed Trump had nothing to do with their decision to expand production and hire more employees, NBC News reports.
http://www.cnbc.com/2017/01/03/ford...00-million-in-michigan-expansion-instead.html
Wonder what made them change their mind?
Edit: Fixed link.
Would also hope this doesn't get political.
The U.S. auto giant said on Tuesday it will end plans for a $1.6 billion plant in San Luis Potosi, Mexico, and make expansions to its plant in the U.S. Ford added it will build its next-generation Focus at an existing plant in Hermosillo, Mexico, to improve company profitability.
A high level source within Ford stressed Trump had nothing to do with their decision to expand production and hire more employees, NBC News reports.
http://www.cnbc.com/2017/01/03/ford...00-million-in-michigan-expansion-instead.html
Wonder what made them change their mind?
Edit: Fixed link.
Would also hope this doesn't get political.
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