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Ford to invest USD 700 million in Flat Rock plant, cancels USD 1.6 billion Mexican plant

On January 3, Ford announced that it is cancelling plans for a new USD 1.6 billion plant in San Luis Potosi, Mexico and instead investing USD 700 million in its Flat Rock Assembly Plant in Michigan.
Changing its plans to meet market trends, Ford has found capacity at its Hermosillo plant in Mexico to build the next-g....

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