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Ford Stays in US Citing Confidence in President Elect Donald Trump

By Staff
Jan 3, 2017
Ford will now invest $700 million to expand its Flat Rock assembly plant.

Did Ford make a deal with President Elect Donald J. Trump to keep an auto manufacturing plant in the US as opposed to moving it to Mexico?

Not exactly, but the automaker is citing confidence in Trump in a just announced decision to create 700 new jobs in Michigan.

"We didn't cut a deal with Trump. We did it for our business," Ford CEO Mark Fields told CNN in a televised Tuesday interview.

"This is a vote of confidence" in Trump and the economy, said Fields. We are "encouraged by pro growth policies, particularly reform around tax and regulatory policies."

Ford will now invest $700 million to expand its Flat Rock assembly plant.

They will also hire “700 new workers to build self-driving and electric vehicles along with the Mustang and Lincoln Continental,” according to the Detroit Free Press.

"The $700 million investment will go to the Flat Rock, Michigan plant to produce more electric and self-driving cars. Ford believes electric vehicles will outsell gasoline-powered vehicles within the next 15 years," the report states.

"I am thrilled that we have been able to secure additional UAW-Ford jobs for American workers," said Jimmy Settles, United Auto Workers vice president.

The union is happy with the announcement.

"I am thrilled that we have been able to secure additional UAW-Ford jobs for American workers," said Jimmy Settles, United Auto Workers vice president.

More details here on the decision to create 700 jobs.


 

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