Thursday, June 15, 2006

Ford Plans Future Expansion in Mexico

As Ford works hard to convince you it's an American company, the Detroit Free press has learned through a leaked document that outlines how it intends to invest $9.2 Billion into Mexican operations. According to the article that I read this morning in USA today, a plant that was planned to build in the USA could go to Mexico as well as significant other investments south of the border.

The document titled "Way-Forward-Mexico" shows how Ford could save $1.8 billion a year with the plan. A spokes person for Ford acknowledges the document but neither confirms or denies the plan is moving forward.

With the current cut-back in hourly workers and future investments moving to Mexico, whose going to be left that can afford to buy a Ford? Low paid Mexicans or unemployed US workers?

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