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Why do you think Ford is moving back?
Woo hoo! Ohio must be thrilled!! Under pressure, Ford is moving back their Mexican plant (worth 2 billion) back to the states… Youngstown, Ohio to be exact. There will be 1,000 new jobs for factory workers there. I’m sure I’m not alone with an urge to weep in relief over that one development. Ford must believe that Trump will be the next president. That’s all I can take away from this. Trump has said that if he’s elected, he will make it very expensive for manufacturers who have relocated outside the US and then sell their products back here. Ford must have done the math and figured that would cost them a great deal. Suddenly, they are coming back and I’m sure it is not out of concern for America or out of the goodness of their heart.
From Prntly:
Donald Trump may not be the President yet, but his constant criticism of Ford outsourcing jobs to Mexico has caused the auto tycoon to change course and bring the $2,000,000,000 plant back to the United States.
CNN Money reports that Ford is moving its facility, originally slated for Mexico, back to the United States, where it will employ 1,000 factory workers in struggling Youngstown, Ohio.
Republican presidential candidate Donald Trump recently said that if he’s elected he would take steps to make it more expensive for manufacturers to shift work to Mexico and then export the items back to the United States.
“How does that help us?” Trump said about the Ford investment in Mexico while campaigning in Michigan this week. “Mexico is becoming the new China.”
Ford has declined to comment, but many see this as a good sign, a welcome change after decades of outsourcing manufacturing plant overseas.
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I am certain Ford did not make this decision because they read the tea leaves who will be the next president and it certainly had nothing to do what Trump said he would do. Ford is a very large organization and it would be very difficult for any one person to bribe, even the president of the US. If Ford has truly eliminated its plans to go ahead with a $2B plant in Mexico, my guess it was the state of Ohio that came up with a deal that gave Ford a better deal to table that Mexican plant for now and work on this new proposal. There was nothing in the article that said what the scope of the Ohio plant will be or does it indicate that all plans for a Mexican plant are off the table.
I believe that your post is closer to the truth. Trump would not be an incentive for Ford to change it's plans.
Ijack ludwig I agree the plain fact is more like more money in their pockets, it is always "about money"....But we also need to remember back then how Obama went after the auto dealers and other big companies here when he got elected.. He attacked them all with a vengeance in his attempt at destroying our economy. Many left this Country for greener pasture's at that time.. So the thinking could be, he drove them away then, maybe a new political climate will draw them back in.. I give up trying to figure how they think I only know that their thought is never for America or us Americans...
Ford motor company believes they need Mexico to continue to keep their products competitive. I don't think that issue has changed for Ford or for any of the other US auto manufacturers. What has probably changed was an incentive from the state of Ohio which most likely made Ford look at this whole project in longer term analysis. What they probably determined was the risk was good to start an operation in Ohio and also somewhere down the line to also include a Mexico facility. This option gives them dual manufacturing, taking advantage of the cheaper labor and regulations in Mexico and the financial incentives they received from Ohio along with the security they could increase production in Mexico at any time if labor or government/regulatory issues came up. Every international company looks at muti-manufacturing sites to protect its production flow and to have the lowest product cost mix. This arrangement is a win for everyone, Ohio, American workers, America, and Mexico. Unions tend to lose on these type arrangements because work stoppages don't have near the leverage when you have more than one manufacturing plant.
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