Donald Trump’s not even sworn in yet and he’s gotten Ford to move truck production from Mexico to Ohio. From CNN:
Ford’s heavy duty pickup trucks which used to be built in Mexico started rolling off an assembly line in Ohio this week. That’s good news for the 1,000 Ford workers in Ohio, who might have otherwise been out of work.
It’s also good publicity for Ford (F), which has been under fire for investing so much in Mexico.
In April, the automaker said it would invest $2.5 billion in transmission plants in the Mexican states of Chihuahua and Guanajuato, creating about 3,800 jobs there. Ford’s south-of-the-border strategy has drawn heavy criticism from groups such as the United Auto Workers union and Republican presidential candidate Donald Trump.
The Avon Lake, Ohio, plant produced its first batch of Ford’s full-size F-650 and F-750 pick up trucks on Wednesday.
Read more: (Link: money.cnn.com)