Ford Confirms New $1.6B Plant in Mexico 

Ford has confirmed plans for a new assembly plant in Mexico, likely fueling more criticism of the company in the current presidential election. “We’re going to be in vesting in a new plant in Mexico’s San Luis Potosi state to produce more small cars for North America,” said Ford President of the America’s Joe Hinrichs. “It’s a $1.6 billion U.S. investment that will create 2,800 additional direct jobs by 2020.”

But the UAW wasn’t ready to be reassured, calling the announcement a disappointment and “very troubling.”

“For every investment in Mexico it means jobs that could have and should have been available right here in the USA,” said UAW President Dennis Williams in a statement. “This is another example of what’s wrong with NAFTA and why the TPP would be a disaster for the citizens of the United States. Companies continue to run to low-wage countries and import back into the United States. This is a broken system that needs to be fixed.”

http://detroit.cbslocal.com/2016/04/05/ford-confirms-new-1-6b-plant-in-mexico/