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Ford scraps Mexico plant, invests heavily in Michigan

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01-03-2017, 03:26 PM	#1
NewsBot Registered User Senior Member Join Date: Jun 2010 Posts: 48,596	Ford scraps Mexico plant, invests heavily in Michigan Ford Motor Company [NYSE: F] announced today that it will spend $700 million to turn its Flat Rock, Michigan, assembly plant into a hub for electric and self-driving vehicle assembly. Separately, the automaker says that it is canning a $1.6 billion new plant it had intended to build in Mexico. Sources close to the automaker reportedly told media... More...

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