Friday, May 24, 2013

Ford to retain 1,000 jobs at French plant after deal http://ca.finance.yahoo.com/news/ford-retain-1-000-jobs-french-plant-deal-174850493.html BLANQUEFORT, France (Reuters) - Car maker Ford will retain 1,000 jobs at a plant in southwest France after striking a deal on Friday with local authorities to share the burden of new investments needed to keep the factory operating. Under the deal, Ford is to invest 125 million euros ($162 million) and local authorities 12.5 million to produce a next-generation gearbox for compact cars in Europe, in exchange for guarantees to retain workers for five years. ... http://ifttt.com/images/no_image_card.png

This is a post from (author unknown) which I spotted on Google Reader and wanted to share on my blog. BLANQUEFORT, France (Reuters) - Car maker Ford will retain 1,000 jobs at a plant in southwest France after striking a deal on Friday with local authorities to share the burden of new investments needed to keep the factory operating. Under the deal, Ford is to invest 125 million euros ($162 million) and local authorities 12.5 million to produce a next-generation gearbox for compact cars in Europe, in exchange for guarantees to retain workers for five years. ...



via Personal Finance - Yahoo! Finance Canada http://ca.finance.yahoo.com/news/ford-retain-1-000-jobs-french-plant-deal-174850493.html

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