Tuesday, April 5, 2016

Trump calls Ford Mexico plant 'absolute disgrace'

Via Billy

A file photo showing the assembly line at the Ford Motor Co. plant in Cuautitlan Izcalli, Mexico.


In a move that is sure to draw ire on the presidential campaign trail, Ford on Tuesday announced that it will be adding a new assembly plant in Mexico.


The Detroit automaker said it will invest $1.6 billion into the facility and create 2,800 jobs by 2020, with construction expected to begin this summer.

Ford's expansion in Mexico has been expected for months, causing Republican presidential nominee Donald Trump to repeatedly hammer the automaker.


"This transaction is an absolute disgrace. Our dishonest politicians and the special interests that control them are laughing in the face of all American citizens," said Trump in a statement released after Ford's announcement on Tuesday.

More @ CNBC

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