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Ford will reimburse the Mexican authorities to cancel its factory

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Cancelled once investment of 1,600 million dollars that Ford Motor would devote to build the factory of Villa de Reyes, on the outskirts of San Luis Potosí (Mexico) touches to settle scores with the local stakeholders. You should keep in mind that when the signing of the blue oval announced this investment many companies of components and parts for automobile made heavy expenditures for approaching the area and power supply components to the factory.

To compensate these companies, as well as the Mexican State that favored the brand investment, is brewing a contingency plan in which Ford will deal with how to adjust their accounts with these companies. As reported by Joe Hinrichs, one of the directors of the firm in the United States, the plan would cover compensation both for components firms and to the town of Villa de Reyes.

Ford EcoSport 2018

The first act to offset the withdrawal of the investment would come from the return of the land to the town Mexican. The works began and the land are the remains of the land moved by machines as well as the holes open for the Foundation. A time the land is returned, in little time the signature will make public as you going to cost this step back in Mexico.

Joe Hinrichs wanted to point out that despite the cancellation of this factory brand commitments with Mexico and its workers remain standing, and as proof of this is the production of the Ford Focus in the country. It has also clarified that the decision to build a factory in the country was a very thoughtful step and his withdrawal was not a trivial matter.

While the waters are calm, Ford will try that the Mexican authorities continue to rely on the signature in addition to components companies. It remains to be seen if new investments are produced in the future or if instead Donald Trump forced the firm to remove more investment.

Source-Ford Motor Co

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