Actionable news
0
All posts from Actionable news
Actionable news in F: FORD MOTOR COMPANY,

Trump Calls Ford's Mexico Expansion An 'Absolute Disgrace'

Invest with Confidence. Are you a financial professional? Stay on top of your portfolio with Benzinga Pro's real-time newsfeed and alerts and never miss a headline again.
Don't miss the chance to try it FREE today.

Ford Motor Company F 0.23% announced on Tuesday that it will be building a new small car assembly plant in Luis Potosi, Mexico. The Detroit automaker said the project represented an investment of roughly $1.6 billion, and that it would create 2,800 jobs by 2020.

Construction is expected to start this summer.

While Joe Hinrichs, president of Ford of the Americas, told CNBC this did not mean that the company is moving jobs out of the U.S., others argued that...


More