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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: 12th_Monkey

Only eight counties in Michigan gave Hillary a plurality on November 8. She cracked 50% in only six counties and 52% in only four. This does not bode well for her in 2020, LOL!


141 posted on 01/03/2017 9:35:13 AM PST by Vigilanteman (ObaMao: Fake America, Fake Messiah, Fake Black man. How many fakes can you fit into one Zer0?)
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To: mandaladon
it took a GOP President Elect to actually represent union interests

That's because Trump re-purposed an existing political party - the GOP - to reflect traditionally conservative democratic policies.

It's why the old vanguard of the GOPe opposes Trump, along with their allies on the far left, the progressive socialists. They both hate the threat posed by the center (as crafted by Trump) to their entrenched uni-party corruption.

142 posted on 01/03/2017 9:35:16 AM PST by semantic
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To: tflabo
Trump is racist taking away jobs from Mexicans.

My first thought, exactly. The Compost or Slimes will send reporters down to the Mexican town where the factory was to be built and chronicle all the squalid conditions there and how cruel it is of Ford-AKA Trump to condemn these poor people to lives of misery.

143 posted on 01/03/2017 9:36:26 AM PST by randita (PLEASE STOP ALL THE WORTHLESS VANITIES!)
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To: txhurl

The only thing we don’t have yet is the media and schools. If the media was even 50/50 there would never even be a threat of a democrat winning the presidency ever again!! Amazing what xan be accomplished when patriotic adults are in charge.


144 posted on 01/03/2017 9:36:40 AM PST by Phillyred
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To: Hugh the Scot
Ford may not lose money selling a Focus for $20,000.00, but they aren't going to sell very many of them, either.

That's not only true -- that's obvious.

Compact car sales by make/model for 2015, which was the last year available for full-year figures (figures rounded to the nearest 500 units) ...

Toyota Corolla -- 363,500
Honda Civic -- 335,500
Hyundai Elantra -- 241,500
Chevrolet Cruze -- 226,500
Nissan Sentra -- 203,500
Ford Focus -- 202,500
Volkswagen Jetta -- 131,000
Mazda 3 -- 108,000
Subaru Impreza -- 100,500
Dodge Dart -- 87,500
Kia Forte -- 79,000
Volkswagen Golf -- 65,500
Buick Verano -- 32,000
Acura ILX -- 18,500
Mitsubishi Lancer -- 17,500

As I said in my previous post, these figures hurt Ford because the company sells a lot of light trucks and SUVs -- and the stupid EPA regulations require them to achieve average fuel efficiency standards across all of their models. For every four F-150 models they sell with an average fuel efficiency of 17 mpg, they have to sell five Focus models with an average fuel efficiency of 33 mpg in order to reach a 25-mpg average (for example).

They sold over 780,000 F-150s in 2015, so you can see how this math doesn't work for them.

145 posted on 01/03/2017 9:39:38 AM PST by Alberta's Child ("Yo, bartender -- Jobu needs a refill!")
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To: rb22982

There is a BIG difference in government that wants a company to hire and a government seeking to regulate to insure worker entitlements multiply.


146 posted on 01/03/2017 9:40:24 AM PST by alrea (It depends upon what the meaning of the word pizza is.)
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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!!

It is still 1,466,219 until he is inaugurated. Just wait a while.

147 posted on 01/03/2017 9:42:19 AM PST by zeugma (I'm going to get fat from all this schadenfreude)
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To: Ciaphas Cain
Generations to come may well look back on the past 28 years as being "the four bad presidents" and the era of Trump as the arrival of TRUE leadership and a real American renaissance.

And like Moses never reaching the holy land, all the old-timers had little to zero effect in helping Trump. Rather, it took the younger generations to finally understand what had been endlessly revealed & discussed @ FR for literally decades. Specifically, if it hadn't been for Seth Rich leaking the DNC emails to Wikileaks so that everyone could finally see for themselves the shocking level of PIAPS corruption, even then the MSM might have turned the tide for evil.

I'll be the first to admit I thought we were done. That is, those 28 bad years were just a precursor to the final coup de grace. How Trump pulled it off is really some kind of miracle, perhaps equal to the Battle of Britain, Stalingrad or other, real demonstrable changes in the course of history.

148 posted on 01/03/2017 9:42:54 AM PST by semantic
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To: Alberta's Child

Braying like a little globalist hack you are.


149 posted on 01/03/2017 9:44:11 AM PST by central_va (I won't be reconstructed and I do not give a damn.)
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To: central_va

I’ve heard the argument that labor rates are the deciding factor when companies mover their production out of the U.S., but I am not convinced that is the case. While there is no question a Mexican, Malaysian, or Chinese worker is paid less than their U.S. counterpart, I believe that advantage is more than offset by poor productivity, local customs, including bribery at every level, and transportation costs. I think the critical factors are taxes, regulation, including environmental factors which inhibit plant expansion, sometimes unions, and a general anti-business climate. That’s my take on it anyway.


150 posted on 01/03/2017 9:45:03 AM PST by PUGACHEV
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Big Business knows Trump means “business”!!!!!!!!


151 posted on 01/03/2017 9:45:52 AM PST by Right-wing Librarian
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To: snarkytart

It doesn’t matter if MI is a right-to-work state if there are already labor agreements in place that cover the entire nation. Ford can’t open a plant in Alabama, for example, without hiring UAW workers.


152 posted on 01/03/2017 9:45:53 AM PST by Alberta's Child ("Yo, bartender -- Jobu needs a refill!")
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To: rb22982

Winning with Trump bump!


153 posted on 01/03/2017 9:46:14 AM PST by Jim Robinson (Resistance to tyrants is obedience to God!)
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To: central_va

Braying like someone who doesn’t know how an industry works, you are.


154 posted on 01/03/2017 9:46:28 AM PST by Alberta's Child ("Yo, bartender -- Jobu needs a refill!")
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To: central_va

I’ve heard the argument that labor rates are the deciding factor when companies mover their production out of the U.S., but I am not convinced that is the case. While there is no question a Mexican, Malaysian, or Chinese worker is paid less than their U.S. counterpart, I believe that advantage is more than offset by poor productivity, local customs, including bribery at every level, and transportation costs. I think the critical factors are taxes, regulation, including environmental factors which inhibit plant expansion, sometimes unions, and a general anti-business climate. That’s my take on it anyway.


155 posted on 01/03/2017 9:47:42 AM PST by PUGACHEV
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To: HiJinx

It’s about time that we see some winning in the oil & gas industry.


156 posted on 01/03/2017 9:51:03 AM PST by 353FMG (AMERICA IS ALL THAT TRULY MATTERS)
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To: rb22982

The thing is...it would be hard for any common sense president NOT to be successful. There is so much crap to get rid of and swamp to drain that will immediately impact this nation positively beyond belief. We have just been stuck with it for so long we forgot what success was like..


157 posted on 01/03/2017 9:51:35 AM PST by Phillyred
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To: rb22982

#TSTR-MAGA!


158 posted on 01/03/2017 9:54:22 AM PST by HLPhat (It takes a Republic TO SECURE THESE RIGHTS - not a populist Tyranny of the Majority)
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To: Steely Tom

Oh noes. ....more win.....quick. ...a big dose of some schardenfroide salve.


159 posted on 01/03/2017 9:54:32 AM PST by spokeshave (In the Thatch Weave,..Trump's Wing Man is Truth.)
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To: tflabo
Trump change

POST OF THE DAY!!!
160 posted on 01/03/2017 9:54:52 AM PST by rhubarbk (1/20/2017, Oh what a beautiful morning!)
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