Ford's Plan for Mexico Plant Draws Criticism From Trump, UAW
Ford wants to “improve the profitability of our small-car lineup,” said Joe Hinrichs, its president of the Americas. United Auto Workers President Dennis Williams called the company’s plan “very troubling” and said the investment means creating jobs that “should have been available right here in the U.S.A.” Trump, who often assails Ford’s Mexican investments, called the new plant “an absolute disgrace” in a statement he issued to CNBC and other news outlets.
“These ridiculous, job crushing transactions will not happen when I am president," the front-runner for the Republican nomination said.
Hinrichs said in an interview that “Mexico has more competitive labor costs, supplier costs, good logistics, good support from the government. But importantly also, as part of our global manufacturing footprint, Mexico is a good shipping location to many countries around the world with their trade agreements.”
He said the new Mexico factory is “consistent with the discussions we had with the UAW last fall” during successful negotiations for a new four-year contract.
Trade ‘Disaster’
Williams said the company’s decision reveals the shortcomings of the North American Free Trade Agreement and the proposed Trans-Pacific Partnership trade pact.
“This is another example of what’s wrong with NAFTA and why the TPP would be a disaster for the citizens of the United States,” Williams said. “Companies continue to run to low-wage countries and import back into the United States. This is a broken system that needs to be fixed.”
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http://www.bloomberg.com/news/articles/2016-04-05/ford-building-1-6-billion-mexico-factory-to-make-small-cars
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