Posted on Jan 3, 2017
Ford canceling plans for $1.6 billion plant in Mexico, investing $700 million in Michigan...
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Possible positive policies .... this is good... now I will say Trump has had an effect, though not an affect:
Ford Chairman Bill Ford Jr. said he spoke with President-elect Donald Trump Tuesday morning to tell him of the decision to invest in the U.S. and cancel the Mexico plant, according to Reuters.
"We're also encouraged by the pro-growth policies that President-elect Trump and the new Congress have indicated that they will pursue," said Mark Fields, Ford president and CEO, in an announcement.
A source told Reuters there were no negotiations between Trump and the company.
Ford Chairman Bill Ford Jr. said he spoke with President-elect Donald Trump Tuesday morning to tell him of the decision to invest in the U.S. and cancel the Mexico plant, according to Reuters.
"We're also encouraged by the pro-growth policies that President-elect Trump and the new Congress have indicated that they will pursue," said Mark Fields, Ford president and CEO, in an announcement.
A source told Reuters there were no negotiations between Trump and the company.
Ford canceling plans for $1.6 billion plant in Mexico, investing $700 million in Michigan...
Posted from cnbc.com
Donald Trump
Office of the President (POTUS)
Economy
Ford Motor Company
Posted 8 y ago
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Happy to see this U-turn, and happy to see Ford relating it directly to Trump's policies. This will deter the current administration from attempting to claim credit for the upswing we've seen since November.
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SFC Dante Alanis
It doesn't matter to me who takes credit as long as American workers benefit... SGT (Join to see) I do appreciate ALL of you for keeping an eye out for the rest of us.
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SGT (Join to see)
SFC Dante Alanis - 700 jobs is a good thing. Seems like a lot of automation ... lets see how it all pans out
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SFC Dante Alanis
Even robots need someone to assemble, repair and maintain them. Back in the day, thousands of phone operators were unemployed as automation increased. They all simply got a job doing something new.
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SFC Jim Ruether
It seems very strange that Obama doesn't even comment on these job or plant defections to Mexico. The Clinton's big push to pass NAFTA years ago and now the Pacific Trade Partnership have made it easy for plants in the USA to be moved to Mexico. This is just what the Clinton's wanted. Obama was merely a facilitator and got it done. I wish the little pimple would just go away. He effff'd up enough things in this country. They should pass a law that prevents any sitting president from doing any harm to the USA by using Presidential powers to pardon criminals, release enemy combatants from Guantanamo Bay, veto powers and executive privilege too
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I can only say that it's a step in the right direction... Let's hope this continues for America's sake.
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