Brian
12-02-2005, 04:25 PM
Ford pulls a GM
<p><img alt="Ford logo" src="http://common.weblogsinc.com/common/images/5607261059426794.jpg?0.07371906042363452" align="right" border="1" height="113" hspace="4" vspace="4" width="150"/> </p>
<p>>The <em>Wall Street Journal</em> (via <em>Reuters</em>) is reporting today that Ford Motor will close five plants,<br />
employing about 7,500 workers, as part of its North American restructuring plan.</p>
<p> Combined with the white-collar jobs axed in November, Ford?s labor force cutbacks are now at 11,500 and counting, if<br />
the current rumor is accurate.</p>
<p> The WSJ?s sources said the company is considering closing assembly plants in St. Louis, Atlanta, and St. Paul,<br />
Minnesota, an engine-parts plant in Windsor, Ontario and a truck-assembly plant in Cuautitlan, Mexico.</p>
<p> Ford has promised its North American restructuring plan will not be ready until January, so none of this is carved in<br />
stone. We can expect a rising tide of rumors about Ford?s plan over the next month, so brace yourself!
</p>
Read At Automotive Arena (http://www.automotivearena.com/2005/12/02/ford-pulls-a-gm/)
<p><img alt="Ford logo" src="http://common.weblogsinc.com/common/images/5607261059426794.jpg?0.07371906042363452" align="right" border="1" height="113" hspace="4" vspace="4" width="150"/> </p>
<p>>The <em>Wall Street Journal</em> (via <em>Reuters</em>) is reporting today that Ford Motor will close five plants,<br />
employing about 7,500 workers, as part of its North American restructuring plan.</p>
<p> Combined with the white-collar jobs axed in November, Ford?s labor force cutbacks are now at 11,500 and counting, if<br />
the current rumor is accurate.</p>
<p> The WSJ?s sources said the company is considering closing assembly plants in St. Louis, Atlanta, and St. Paul,<br />
Minnesota, an engine-parts plant in Windsor, Ontario and a truck-assembly plant in Cuautitlan, Mexico.</p>
<p> Ford has promised its North American restructuring plan will not be ready until January, so none of this is carved in<br />
stone. We can expect a rising tide of rumors about Ford?s plan over the next month, so brace yourself!
</p>
Read At Automotive Arena (http://www.automotivearena.com/2005/12/02/ford-pulls-a-gm/)