Report: Ford likely to close five North American plants

[Thom Little]

Ford Motor Co. is likely to close five North American plants as part of a still-evolving restructuring plan to be announced next month, according to a newspaper report published Friday.

While the plan is still being formulated and is subject to change, The Wall Street Journal reported that that nation's second biggest automaker is likely to close assembly plants in St. Louis, Atlanta and St. Paul, Minn. It cited two unidentified people familiar with the automaker's product plans.

The newspaper said an engine-parts plant in Windsor, Ontario, and a truck-assembly plant in Cuautitlan, Mexico, are also slated for closure.

Together, the plants employ about 7,500 workers, or 6 percent of Ford's North American work force.


http://www.detnews.com/apps/pbcs.dll/article?AID=/20051202/AUTO01/512020423

[wordpix]

1. "restructuring" as in outsourcing jobs overseas?

[dogfacedboy]

2. Add those lost jobs to the 30,000 GM will be cutting.

Yeah, that's the New American Way.

[Double T]

3. Looks like the bush administration job creation numbers will continue.....

to skyrocket; that is job creation in other countries.

[WhiteTara]

4. so this is how the economy

just "cooks" along? With the elimination of 10's of 1000's of jobs? Perhaps we need a little less cooking (is that is as in cooking the books)?

[Yupster]

5. You know things are bad when

they close plants in Mexico.