Ford announced today plans to cancel a $1.6-billion plant in Mexico and to invest $700 million in metro Detroit’s Flat Rock Assembly plant.Read the updated story here.”We are today announcing that we are investing $700 M to transform Flat Rock into a new manufacturing & innovation center,” Ford CEO Mark Fields said at a press conference held this morning.
Source: Ford cancels plans to build plant in Mexico, will invest in Michigan DETROIT FREE PRESS
