среда, 29 марта 2017 г.

Ford invests $1.2 billion in US, after Trump's pressure

Ford invests $1.2 billion in US, after Trump's pressureFord is again ready to invest in its three Michigan facilities approximately $1.2 billion, and this time it is coming with another 130 jobs for Americans. We don’t know how did the automaker make this decision, whether it was pressured by Donald Trump who wants USA automakers to invest in the country more, or it was just a decision took on their own.

The investments were in the works well before Trump took office, however. Ford announced plans to upgrade some of its Michigan plants in November 2015 as part of a new contract with the United auto Workers unionFord Americas President Joe Hinrichs said the company told the White House about the investments Tuesday morning. Hinrichs said it's not unusual for the company to reach out to state and national political leaders before such an announcement. Hinrichs said Tuesday's announcement was timed to a state meeting where officials approved nearly $31 million in grants and 15-year tax exemptions for Ford. Ford will spend $850 million to upgrade the Michigan Assembly Plant next year to build the Ford Ranger midsize pickup and Ford Bronco SUV. Ford plans to build the Ranger starting at the end of 2018 and the Bronco starting in 2020.

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