[Video] Ford Investing $1.6 Billion, Adding 2800 Jobs…In Mexico

Although the U.S. economy appears to have not grown in the first quarter of this year, Mexico’s will soon be as Ford announced Tuesday that construction on its new plant in Mexico is expected to begin this summer.
Obviously, this has political ramifications, as CNBC points out.

In a move that is sure to draw ire on the presidential campaign trail, Ford on Tuesday announced that it will be adding a new assembly plant in Mexico.
The Detroit automaker said it will invest $1.6 billion into the facility and create 2,800 jobs by 2020, with construction expected to begin this summer.


Add comment

Help Keep WPR Free & Timely

Subscribe via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Join 5 other subscribers

Categories

Your Header Sidebar area is currently empty. Hurry up and add some widgets.