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Canceled Ford Plant Adds To Mexico's Economic Frustrations (say "gnashing of teeth" in spanish)
NPR.org ^ | 1/5/2017 | Carri Kahn

Posted on 01/05/2017 3:46:49 PM PST by raybbr

Ford Motor Co.'s decision this week to cancel construction of an auto plant in Mexico has shocked that country, causing the peso to slump and stirring up outrage toward President-elect Donald Trump. Anger is high toward the incoming U.S. president in the state where the Ford plant was under construction — and was slated to employ nearly 3,000 local workers.

Usually the dusty construction site of the now-shuttered Mexican Ford auto plant is full of activity. Now only one large tractor can be seen grading roads at the 700-acre site, located outside the small town of Villa de Reyes in the central Mexican state of San Luis Potosi.

Usually the dusty construction site of the now-shuttered Mexican Ford auto plant is full of activity. Now only one large tractor can be seen grading roads at the 700-acre site, located outside the small town of Villa de Reyes in the central Mexican state of San Luis Potosi.

Guards at the site's entrance say the mood is very tense and that the situation is deeply discouraging.

"We all thought this was a long-term project," says Juan Gonzalez, who had hoped to stay on when the Ford plant opened in three years.

Gustavo Puente Orozco, San Luis Potosi's secretary of economic development, says the news, while not totally unexpected, came as a shock. Donald Trump began putting a lot of pressure on Ford to pull out of Mexico during the campaign, but Puente says Ford officials in Mexico kept assuring him the project was moving forward, and he says construction kept going.

Ford says market forces prompted it to cancel the Mexico plant — small cars, like the Ford Focus that was to be built there, just haven't been selling well, especially with low gas prices.

(Excerpt) Read more at npr.org ...


TOPICS: Business/Economy; Culture/Society
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To: raybbr

Mexico has it’s own natural resources. Let them compete like the rest of us and build their own industries. Clean up their govt and get a rule of law for crying out loud. These Mexicans protesting in San Diego should protest in Mexico City.


21 posted on 01/05/2017 4:26:18 PM PST by virgil (The evil that men do lives after them.)
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To: raybbr
There are no bilateral ties, they are a dog tick. We get to support Mexican illegal aliens and they get to send our money back to float the Mexican economy. Mexico has the natural resources to be a prosperous country but the current dynamic just perpetuates corruption and poverty.

A family member had to watch co-workers get laid off as his company built facilities in Mexico. Then the Mexican employees came up here and the U.S. employees were expected to train them to do their jobs. It's like helping build the gallows from which you will hang!
He also said that if a company closes up shop in Mexico they have to leave equipment and assets there. I found that amazing.

22 posted on 01/05/2017 4:36:12 PM PST by Sisku Hanne (All you have to do is the next right thing.)
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To: Da Coyote

Only one problem.. we don’t need any imported workers.. Period..

until every american who wants a job (and those who are able bodied to hold a job) has one, we have no reason to import more.


23 posted on 01/05/2017 4:47:51 PM PST by cableguymn (We need a redneck in the white house....)
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To: Da Coyote

Maybe we should try dumping our “no want” welfare queens and white trash across the border now like they are to us.


24 posted on 01/05/2017 4:54:41 PM PST by oldasrocks (rump)
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To: Da Coyote

Those sound like excellent deals to me, especially the “no returns” part of it!


25 posted on 01/05/2017 4:57:19 PM PST by Old Grumpy
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To: raybbr

I don’t understand the frustration of the Mexicans. When I have criticized the loss of American jobs, there are plenty of posters here who maintain that I am a liberal, a democrat; that I am calling for government interference in the free market, that it is okay for jobs to leave the United States, etc., etc. Maybe they should contact the Mexican officials and tell them to chill, to get with the program. These posters probably listen to Mark Levin.


26 posted on 01/05/2017 5:12:11 PM PST by odawg
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To: Gamecock
"Crujir de dientes"

Ha! Yes! Whenever I want crunchy bacon in Spanish, I always ask for it muy crujente.

27 posted on 01/05/2017 5:16:59 PM PST by PUGACHEV
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To: Da Coyote

[For each quality worker you provide us, we will give you give (5) liberals.]

Send them to Mexico to be “economic advisors.”


28 posted on 01/05/2017 5:28:31 PM PST by stars & stripes forever (Blessed is the nation whose God is the Lord. Psalm 33:12)
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To: raybbr

Hmmm, taking of American jobs? Good.

Taking of Mexican jobs? Baaaaaaaaaaaaaaaaaaaaaaaaaaaaad!

Hogwash. What goes around comes around.

I don’t want to see Mexico harmed here. I do hope that business on both sides of the border flourish.

Only then can our two societies balance out, and stop the illegal traffic.


29 posted on 01/05/2017 5:39:50 PM PST by DoughtyOne (Recall John McCain. NOW, before he gets us in WWIII.)
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To: raybbr

Burn baby, burn.


30 posted on 01/05/2017 5:44:42 PM PST by Caipirabob (Communists... Socialists... Democrats...Traitors... Who can tell the difference?!?)
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To: raybbr

I hear their rico elites taste like gallina.


31 posted on 01/05/2017 5:45:42 PM PST by Caipirabob (Communists... Socialists... Democrats...Traitors... Who can tell the difference?!?)
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To: raybbr

Quick from factory to grass seed since the election.


32 posted on 01/05/2017 6:58:15 PM PST by keving (We get the government to vote)
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To: raybbr
I'm sorry Mexico, but while you're losing, we are winning..

Got an idea, get Carlos Slim to build the factory, after he starts 'Empresa de fabricacion de automoviles basure'

33 posted on 01/05/2017 7:26:11 PM PST by Deplorable American1776 (Proud to be a DeplorableAmerican with a Deplorable Family...even the dog is DEPLORABLE :-))
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To: raybbr

They could reform their own economy by doing things like privatizing their energy sector (goodbye PEMEX)- that would be a boom to job creation and provide an economic base for more economic growth in other industries. Political corruption is what holds Mexico’s economy back. They could have their own car companies making cars and providing employment vs. wanting to poach companies from other countries.


34 posted on 01/05/2017 7:49:00 PM PST by Republican Wildcat
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To: virgil

Right - there is no excuse. They have plenty of coastline and natural resources which should be allow for economic diversification. It is their own corrupt political organization that holds it back.


35 posted on 01/05/2017 7:50:05 PM PST by Republican Wildcat
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To: oldasrocks

You read my mind: along with their felons and average border jumpers we’re sending back, resident Mexicans should compete for trabajo as well with our hungry welfare deadheads frogmarched south.


36 posted on 01/05/2017 9:28:46 PM PST by tumblindice (America's founding fathers, all armed conservatives)
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