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Thursday, October 25, 2012

Ford closes Belgian plant in 2014; 9,500 jobs hit

BRUSSELS — Ford Motor Co. announced Wednesday it planned to close a car plant in eastern Belgium — one of its main European factories — by the end of 2014, a move that would result in 4,500 direct job losses and 5,000 more among subcontractors.
Exactly half a century after construction on the Genk plant started, Ford told a management council there that production was winding down since slumping European sales has forced a restructuring of its plants.
“This is taking us by surprise and is an extremely bitter pill,” Christian Democrat union representative Johan Lamers told The Associated Press.
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1 comment:

  1. Good.buy American. Americans need to export more.

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