Finally, Michigan can sleep easy. The factories are coming back. Ford’s CEO, Mark Fields, has cancelled a $1.6 billion investment in Mexico and is, instead, injecting $700 million into existing operations in the Great Lake State. This “Great Again” outcome is expected to create 700 jobs over the next four years.
Ford says that “changing business conditions” impacted their decision to cancel the Mexico operation, and they’re right. Business conditions are changing. For starters, 3D printers and robots are faster and more precise than even foreign laborers. Not to mention, robots don’t need to feed a family or pay the […]
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