Tuesday, April 5, 2016

Ford Goes Global

Henry Ford was a patriot and a nationalist who fought the global bankers, and he was slandered and hated for it. Here is what his descendants are up to:

Ford Motor Co. will invest 2.5 billion rand ($170 million) in expanding its South African operations and creating about 1200 jobs in the country.

“Our customers love the capability and utility offered by the all-new Ford Everest,” said Jim Farley, Ford executive vice president and president of Europe, Middle East and Africa. “By producing the Everest in South Africa, we will be able to make it more readily available, and in a greater variety of models, for customers throughout Sub-Saharan Africa.

“The R2.5-billion investment reaffirms the importance of these markets as part of our growth strategy across the Middle East and Africa,” Farley added. “It further reinforces South Africa’s position as a strategic export base for Ford Motor Company.”

The American motor company said it is expanding operations in South Africa at its Silverton assembly plant in Pretoria, South Africa, to produce the all-new Ford Everest, along with the new Ford Ranger that was launched at the end of last year.

Ford already has production hubs in South Africa’s BRICS partners, China and India.

You can read the rest @
http://thebricspost.com/ford-invests-170mn-in-sa-creating-1200-new-jobs/#.VwPVwPkrLIU

And here's another similar report:

Ford to invest $1.6 billion for new plant in Mexico

Ford said construction of the new plant will begin this summer. It expects to begin producing cars there in 2018. Ford's investment in Mexico will create more than 2,800 jobs by 2020, delivering a blow to the UAW, which pushed for higher wages in its contract talks with the automaker last year, and prompted a swift reaction from the union.

You can read the rest @
http://www.freep.com/story/money/cars/ford/2016/04/05/ford-invest-16-billion-new-plant-mexico/82645712/

Ford could produce these vehicles inside the US and then ship them overseas, but thanks to "globalism" they will not.

It is extremely unlikely that Trump or anyone else can restore the US industrial base if the owners of these corporations don't want to.

And they most certainly do not.

So, go ahead and make the US minimum wage $15 per hour. Doing so will merely drive even more jobs out of the country. Nation states no longer control the market; corporations do.

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