Saudi Arabia records 54% surge in industrial investments after expat fee waiver    King Salman Non-profit Foundation launched    Saqr Al-Jazeera Museum to host three-day celebration for Saudi Arabia's 94th National Day    Justice Minister Al-Samaani hails Saudi Arabia's ranking in UN e-government index    HADAF increases grace period to submit employment support requests to 330 days    Saudi Arabia ranks 14th in Global Al Index, first in the Arab world    Hierro addresses Telles' exit and Al-Nassr's future under new coach Pioli    Hattan Al Saif sets new Guinness World Record for fastest knockout in PFL MENA    Riyadh Season boxing participants showcase skills in public Wembley Arena workout    Saudi Women's Premier League enters third season with over 200 players from 20 nations    Saudi Central Bank cuts interest rate by 50 basis points    UN General Assembly demands Israel ends occupation of Palestinian territories    Japan firm says it stopped making walkie-talkies used in Lebanon blasts    Australian police infiltrate encrypted messaging app Ghost and arrest dozens    Ukraine claims to have destroyed large Russian ammunition depot    Major US labor union declines to endorse either Harris or Trump    Riyadh Light Festival 2024 to kick off on November 28    Superbug crisis could get worse, killing nearly 40 million people by 2050: Study    Jane's Addiction cancel tour after on-stage brawl    Saudi art icon Safeya Binzagr passes away    Filipino pilgrim's incredible evolution from an enemy of Islam to its staunch advocate    Muted Eid celebrations for millions of Nigerian Muslims    Embracing change: A journey towards inner peace    JK Rowling in 'arrest me' challenge over hate crime law    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Ford Motor shuts down Canada casting plant
Published in Saudi Press Agency on 29 - 05 - 2007


Ford Motor Co. ceased production
Tuesday at its casting plant in Windsor, Ontario, as part
of the automaker's plan to exit the business of casting
engine parts, AP reported.
The 500,000-square-foot (46,450 sq. meter) plant employed
about 450 people, making cylinder block castings for the
company's 4.2-liter V-6 engines and crankshafts for the
4.2-liter, 5.4-liter V-8, 3.0-liter V-6, 4.6 liter V-8 and
the 2.3-liter engines.
The closure comes two days after thousands gathered for a
rally in Windsor, located across the Detroit River from
Detroit, to protest the loss of manufacturing jobs.
Ford, which earlier this month announced closure of a
casting plant near Cleveland, said it is moving toward
having outside parts companies produce castings so it can
focus more on items that customers are more likely to
notice, such as engines and transmissions.
Workers at the 73-year-old Windsor plant were offered
buyout or early retirement packages worth up to $100,000
(¤74,025). The company also said it worked with the Ontario
government to open an employment counseling center to help
with job searches and training.
Ford has identified 10 plants that it will close as part
of a restructuring plan designed to shrink its production
capacity to match reduced demand for its cars and trucks
and return to profitability. The company has said it will
close 16 facilities by 2012. Ford lost $12.7 billion (¤9.4
billion) last year and $282 million (¤209 million) in the
first quarter.
The Windsor plant produced more than 50 million cylinder
block castings and crankshafts for Ford engines, the
company said. Ford announced last year that the plant would
be closed.


Clic here to read the story from its source.