Ford Philippines to close
- Published: 27 Jun 2012 at 19.35
- Online news:
MANILA : US auto giant Ford said Wednesday it is to close its vehicle assembly plant in the Philippines by the end of the year, with the loss of 360 jobs, as part of an ongoing restructuring across Asia.
The decision will leave the country without a motor vehicle exporter, Ford Group Philippines president Randy Krieger said in a statement."This is a very difficult decision. The company studied every possible scenario and opportunity, but we could not make a strong enough business case for future...
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