Ford Was Getting Ready To Head South, Trump Told Them STAY PUT!
I think at one point or another in my life half my family had been employed in some fashion by the Ford Motor Company.Before he’s even taken office, President-elect Donald Trump has proven to be quite the job creator.
Ford Motor Company announced Tuesday it will cancel a $1.6 billion plant planned for Mexico and will instead invest $700 million in a Michigan assembly plant, directly tying the decision to “pro-growth policies” championed by President-elect Donald Trump.
Trump had previously been critical of Ford’s plans to build in Mexico. After the announcement, Trump tweeted a link to a story about the Ford decision and then added in a subsequent message: “Instead of driving jobs and wealth away, AMERICA will become the world’s great magnet for INNOVATION & JOB CREATION.” CEO Mark Fields, speaking at an event at the Flat Rock Assembly Plant, said the policies that Trump “and the new Congress have indicated they will pursue” were vital to the company’s decision.
“We believe these tax and regulatory reforms are necessary to boost U.S. competitiveness,” Fields said.
Tuesday’s announcement was the latest in a string of pre-inauguration successes for Trump in the manufacturing sector.
In early December, air conditioner and furnace maker Carrier agreed to stay in Indiana after weeks of negotiations headed by Vice President-elect Mike Pence. The decision reportedly saved about 700 jobs that would have been shifted to Mexico.
Later in the month, wireless provider Sprint and Internet company OneWeb announced they would be adding thousands of jobs in the U.S. Both companies are controlled by SoftBank founder Masayoshi Son, who had previously met with Trump.
Earlier Tuesday morning, Trump took aim at another auto giant: General Motors.
“General Motors is sending Mexican made model of Chevy Cruze to U.S. car dealers-tax free across border. Make in U.S.A. or pay big border tax!” Trump tweeted.