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Ford Motor Company Expands Despite Recent Restructuring Plans, in an Advisory by Industrialinfo.com

Business Wire, March 19, 2002

Business Editors/Automotive Writers

HOUSTON--(BUSINESS WIRE)--March 19, 2002

The following is an advisory by Industrialinfo.com (Industrial Information Resources Incorporated; Houston, Texas). When Ford Motor Company announced a major restructuring plan in January 2002, many who follow the industry closely gave a sigh of relief. Ford was finally taking the steps necessary to begin to retake its position in the industry and to regain consumer confidence. However, some of the moves they have been making have raised an eyebrow or two along the way. Despite the restructuring plan which includes the closure of up to seven plants in the next few years, Ford is still planning to spend some significant money expanding and revamping existing facilities plus constructing new distribution centers.

For a discussion of Ford's restructuring and capital spending plans, view the entire article at www.industrialinfo.com.

Industrialinfo.com is the exclusive provider of IIR Industry Alerts, reporting on breaking news, events, and trends as they occur in the industrial market place around the world. For more information on trends and upcoming construction activities for the industrial manufacturing markets as well as other industrial sectors send inquiries to industrialmanufacturinggroup@industrialinfo.com or visit us online at www.industrialinfo.com.

COPYRIGHT 2002 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning

 

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