< HOME  Wednesday, June 14, 2006

Ford's $9.2B Move from Michigan to Mexico

Pretty soon Americans - not Mexicans - will be sneaking across the border in search of employment.
Ford Motor Co., which is slashing jobs and closing plants in the United States as it seeks to return its North American operations to profitability, is preparing to invest up to $9.2 billion in Mexico [between 2006-2012] t0 leverage its low operating costs there, a Michigan newspaper reported on Wednesday.

The Oakland Press, a Detroit-area newspaper, said the investment was detailed in a confidential, 28-page document turned over to it by a Ford employee.

* * *

Ford spokesman Oscar Suris declined to comment on the report, calling it "speculative."

The newspaper said a second source familiar with Ford operations vouched for the authenticity of the document, "which suggested the automaker's investment could potentially create up to 150,000 jobs in Mexico within the next decade."

"The Way Forward - Mexico (offers an) opportunity to further leverage Ford of Mexico cost advantage and location to reduce corporate fixed costs," the confidential document said.

"We will leverage our global scale like never before and Mexico is a key partner as we're targeting lower fixed costs, better quality and speed to deliver our Way Forward plans," the document said.

* * *

Under Ford's restructuring plan, which is dubbed Way Forward and was first announced in January, the automaker plans to close 14 plants and cut up to 30,000 hourly workers in North America.

* * *

The document also indicated that Ford expects to increase its purchases of Mexican-made components by 300 percent, while suppliers could increase their investment by $3.6 billion.

Ford, which is hoping to attract incentives from the Mexican government, also said it was prepared to shift some professional engineering and purchasing jobs to Ford of Mexico as part of the expansion plan, according to the document.
Just in case you white collar workers thought you were immune to downsizing.
[Ford officials] also were considering making the announcement before Mexican voters pick a new president on July 2, because it might help boost Felipe Calderon, the conservative ruling party candidate.

Calderon is locked in a very tight race with leftist Andres Manuel Lopez Obrador. The documents suggest postponing any announcement would reduce risk of confrontation with the new government should Calderon lose in July, the Oakland Press said.
Crafty little boogers. They want to benefit both politically AND economically from the move.

Earth to Americans - there's a message here, for those who can see beyond their nose.

It's up to Americans to show Ford and their corporate ilk that we won't stand for their sh*t anymore. Corporate status in America is a privilege, not a right. To keep it, you must earn it. We MUST take our nation and our lives back from corpocracy.

7 Comments:

At Wednesday, June 14, 2006, Anonymous Mighty Thor said...

Pattern Of Strategic Treason Evermore Clear
(Mighty Thor, 14 Jun 06)

Thanks much qrswave: another journalistic observation supporting equation of G. W. Bush II and Ken Lay, convicted ex-CEO of ENRON--THEY'RE DELIBERATE TRAITORS.

Bush II thus follows conspiratorial orders fm Council on Foreign Relations (CFR--see TheNewAmerican.com) and "Bilderberg" to deconstruct USA in favor or United Nations.

Meantime "illegal aliens" and sleeper agents continue to invade USA, Bush II seeking to make it safe and safer by means of rewarding breaking of immigration law with "amnesty" (despite lies to contrary).

And now we see context for murderous Orwellian "perpetual war" in Iraq as it serves Israeli Jews, Islamics then to be used as plausible "fallguys" when Mossad and CIA do more 9-11 attacks in USA, this all serving the overall purposes of the topmost masterminds and Judeo-oligarchs of the CFR who still rightly consider they must shut down the free internet.

What can Americans really do?--anything they can, but most of all information. "It's the Jews, stupid," yes, but more, it is the overall subjectivist conspiracy shared in to whatever degree by all and any, including gentiles too--consider once again, the CFR conspiracy, so well analyzed by Bircher, James Perloff, in "The Shadows of Power." More excellent history is supplied in G.Edward Griffin's "The Creature From Jekyll Island." Honest elections and death to the Fed. Thor

 
At Wednesday, June 14, 2006, Anonymous Thunkwell said...

American made products will never be competitive as long as we have to police the Universe. And it certainly doesn't help to have the inflation thats built into our credit-fraud monetary system via the Federal Reserve. Why is it credit fraud? Simple, anyone born today is expected to service trillions of dollars of debt they had nothing to do with. The federal reserve act was never legally enacted in the first place. Such emergency enactments are NOT provided for in the Constitution.

 
At Wednesday, June 14, 2006, Blogger jc said...

wave, everyone,

check this site out. reading matter galore.

http://www.yamaguchy.netfirms.com/

enjoy!

 
At Wednesday, June 14, 2006, Anonymous Mighty Thor said...

Yes excellent citations, sources JC, thanks much for sure.

See, great blogging is good for (1) info,
(2) first order analysis, immediately,
(3) scholarship and reference, hence context and background for info and analysis.

All the people need do now is USE THEIR FACULTIES OF INDUCTIVE LOGIC--"it's the Jews, stupid" (Ed Steele, ConspiracyPenPal.com). And these Jews then lead to the great subjectivistic conspiracy which then culminates in the Federal Reserve Bank (Fed) counterfeiting scam, anchoring then the MAMMONIST empire of fraud and heresy, etc. Honest elections and death to the Fed. Thor

 
At Wednesday, June 14, 2006, Blogger qrswave said...

Those links are outstanding, jc.

Many thanks!

 
At Thursday, June 15, 2006, Anonymous damien said...

And Bush plans to build a big freeway so Ford can bypass all those pesky unions that want fripperies such as decent wages and safe workiing conditions. We can trust those commie unions to stand in the way of multinationals and slave labour. Thank God the Democrats are on side.

 
At Friday, June 16, 2006, Blogger Citisucks said...

Both major parties are run by the corporate terrorists and both major parties are determined to starve us commoners, so long as it buys them an extra rolex. The middle class is dead and is replaced by a lower class that calls itself the middle class because they are in denial about what is going on. Idiot America is to obsessed with charging things on credit cards from the corporate terrorists that will starve them with 33+ percent interest rates to go fight the corporate terrorists that are taking away all their jobs.

Yes, I too get the feeling that within 10 years unless the Green Party or Independent Progressives get in power the rich white male terrorists will be trying to keep people in this country and not out of it. They want to get an early start on the fences to keep in their slave class.

 

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