Ford to shut UK engine plant by September 2020
06-June-2019
Ford Motor Company on Thursday confirmed that it would shut its engine plant in Bridgend, Wales, by September 2020, the media reported.
The US car manufacturer said the proposal supported its strategy of creating a more efficient and focused business in Europe, according to Efe news.
The Unite union, which first brought the plans to light, said the closure would cost 1,500 jobs and called on the car manufacturer to rethink the closure. The plant makes the Dragon petrol engine for a variety of Ford vehicles.
"Ford bosses should be rebalancing global engine production from Mexico and India to Bridgend. There is a global yearly market of around 500,000 for the Dragon engine and we demand our fair share of that," said Steve Turner, Unite's Assistant General Secretary.
Stuart Rowley, President for Ford's European business, said the company was required to make some difficult decisions, but that it remained committed to the UK. He cited changing customer demand and costs for the decision, the report said.
The automaker said it would continue to produce engines at its Dagenham plant and keep its technical centre in Dunton, both in southeast England. The company would help laid-off staff find new work, it added. IANS
After Six Years of Profitable Bootstrapping, Medulance Raises Rs 25 Crore to Expand Nationally
IIM Grad and First-Generation Entrepreneur Anish Popli's ProcMart Secures Rs 250 Crore in Series B Funding
First Indian Space Tourist Talks Dreams and Inspiration Before Blue Origin Flight
Former MLA Rathod Bapu Rao Switches from BJP to Congress in Telangana
Zerodha Co-Founder Nikhil Kamath Launches 'WTFund' to Support Young Entrepreneurs