Ford Motor Co. is going to develop a $1.6-billion automobile assembly plant in Mexico, creating about 2,800 jobs there and moving small-car production away from the United States at the moment when moving jobs south of the border has become a major problem in the U.S. presidential campaign.
The firm announced that it would open the plant in San Luis Potosi state Tuesday without stating specifically exactly what vehicles it would build there.
The United Auto Workers union has actually said Ford plans to move production of the Focus c-max and compact little gas-electric hybrid from suburban Detroit to Mexico, where the vehicles can be made at lower expense and more profitably.
The UAW’s brand-new four-year contract with Ford, made in 2015, assurances new automobiles for the Wayne, Mich., assembly plant in 2018 and 2020 and a $700-million financial investment that maintains the plant’s 3,924 jobs. Union members have stated they expect the factory to obtain a brand-new version of the Ranger small pickup and a brand new little SUV called the Bronco.