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Ford Cancelling Mexico Plant, Invest $700 million in MI expansion instead
CNBC ^ | 1/3/2017 | CNBC

Posted on 01/03/2017 8:05:42 AM PST by rb22982

Ford canceling plans for $1.6 billion plant in Mexico, investing $700 million in Michigan expansion instead


TOPICS: Breaking News; Business/Economy; Front Page News; Mexico; US: Michigan
KEYWORDS: automakers; automotive; autumotive; economy; ford; fordmotor; fordmotorco; manufacturing; michigan; morewinning; trump; trumpjobs; trumptransition; trumpwinsagain; winning
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To: Alberta's Child

Did you see about Mexico dropping gas subsidies?


61 posted on 01/03/2017 8:26:26 AM PST by txhurl (Break's over, kids, back to WAR.)
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To: Alberta's Child
Corporate taxes will be the key....along with the possibility of import tax.

IIRC, China puts a hefty import tax on US cars.

62 posted on 01/03/2017 8:26:52 AM PST by Sacajaweau
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To: rb22982
And because Trump is so racist, he posted a sign that says, no black people will be hired. MAGA WINNING
63 posted on 01/03/2017 8:27:50 AM PST by CincyRichieRich (Drain the swamp. Build the wall. Open the Pizzagate. I refuse to inhabit any safe space.)
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To: rb22982

This is incredible. Just the idea that it might be better business for a company to stay in the US is enough. ANY President could have done this and brought back jobs to the US. But none did. They did not care about the people.


64 posted on 01/03/2017 8:28:26 AM PST by DouglasKC
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To: PGR88
He said I’d get tired of the winning. In fact, I’m not all all tired of the winning yet!!

Give him eight years. Then let Pence consolidate the wins.
65 posted on 01/03/2017 8:28:50 AM PST by Dr. Sivana (There is no salvation in politics.)
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To: rb22982

Wow! It’s fantastic! What a big win for Michigan!

Wouldn’t be surprised if Michigan stays on the Republican side for many years go come if this good news continues.


66 posted on 01/03/2017 8:29:14 AM PST by poconopundit (Trust thyself, every heart vibrates to that iron string. Emerson)
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To: rb22982

On an aside, I’d like to see a hog processing plant/company relocate to Dearborn.

Now, Michigan can have some jobs to go along with all their great craftbeer.


67 posted on 01/03/2017 8:30:33 AM PST by CincyRichieRich (Drain the swamp. Build the wall. Open the Pizzagate. I refuse to inhabit any safe space.)
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To: Celerity
What did that 1.6 billion buy down there that justified that ?

It sounds like it would have been a ground up plant in Mexico. Ford figured they would make up the $900 million and more with cheap labor.

68 posted on 01/03/2017 8:30:33 AM PST by KevinB (Those who love sausage and respect the law should never watch either being made!)
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To: Celerity

To break ground on a BRAND NEW plant in Mexico Is far more expensive than EXPANDING their plant in Michigan, the savings on the expansion rather than the NEW BUILD can be put into more expensive labor costs and the jobs STAY in America!!!!


69 posted on 01/03/2017 8:30:38 AM PST by Trump Girl Kit Cat (Yosemite Sam raising hell)
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To: Alberta's Child

“EPA under Trump is going to completely overhaul the fuel efficiency regulations. “

It is far more than that. The EPA has practically banned plastic manufacturing in the US, which is so much of it is processed in Mexico. I suspect Trump will be presented that issue to resolve.


70 posted on 01/03/2017 8:30:43 AM PST by CodeToad (If it weren't for physics and law enforcement, I'd be unstoppable!)
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To: wbarmy

Even as a supporter of his since 2015, I have to admit that this is nothing short of astonishing to behold.


71 posted on 01/03/2017 8:32:08 AM PST by VanDeKoik
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To: PUGACHEV

Taxes and regulations are trivial compared with exploiting 3rd world labor and being able to import duty free. Having said that I am all in favor of deregulation. Heck lets fund the govt with tariffs and NRST and ditch the income tax altogether.


72 posted on 01/03/2017 8:33:07 AM PST by central_va (I won't be reconstructed and I do not give a damn.)
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To: COBOL2Java

Looking forward to never again having to listen to Obama talk about “folks”. FUBO.


73 posted on 01/03/2017 8:33:12 AM PST by GnuThere
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To: DouglasKC

And see all that The Donald has done already? Even BEFORE he takes office.

Not that the leadership over at Ford is afraid of the potential consequences, but maybe, on second thought, they probably SHOULD do the “right thing”.

This is how populism is supposed to work.


74 posted on 01/03/2017 8:34:40 AM PST by alloysteel (Happy New Year! 2017 is shaping up to be a VERY good year.)
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To: rb22982

Still not tired of winning!


75 posted on 01/03/2017 8:34:44 AM PST by pgkdan (The Silent Majority Stands With TRUMP!)
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To: rb22982

Yeah, but Obama is having a nice vacation.


76 posted on 01/03/2017 8:34:48 AM PST by blueunicorn6 ("A crack shot and a good dancer")
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To: rb22982

Why not just build a plant right near the border in Texas? Plenty of cheap labor.


77 posted on 01/03/2017 8:34:53 AM PST by Daniel Ramsey (MAGA)
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To: rb22982

Relax, it's only EWS.

Excessive Winning Syndrome.

78 posted on 01/03/2017 8:35:39 AM PST by JPG (TRUMP WINS!!)
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To: rb22982

GO TRUMP GO!


79 posted on 01/03/2017 8:35:46 AM PST by SpeedyInTexas
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To: CodeToad

EPA needs to be GONE!!!! Turn water and air over to interior and GET RID of this MARXIST, COMMUNIST, AMERICAN HATING, BUSINESS HATING, government department put the ENTIRE department on unemployment!!!!!


80 posted on 01/03/2017 8:36:34 AM PST by Trump Girl Kit Cat (Yosemite Sam raising hell)
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