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Highlights

By ASSOCIATED PRESS
Published September 16, 2006


HIGHLIGHTS

Highlights of Ford Motor Co.'s expansion of a restructuring plan launched in January:

- Reduce salaried employees and contract workers doing similar work by 10,000 in the United States, Canada and Mexico. This follows 4,000 positions eliminated in the first quarter of 2006. Together, the 14,000 positions are about a third of the North American white collar work force total at the start of the year.

- Reduce the number of hourly workers in North America by 25,000 to 30,000 by the end of 2008, four years earlier than previously announced.

- Reduce the vehicle production capacity of its North American factory capacity by 26 percent from 2005 levels.

- Close a Maumee, Ohio, stamping plant in 2008 and the Essex engine plant in Windsor, Ontario, in 2007, on top of previous plans to close 14 plants. Move up the previously announced closing of a Norfolk, Va., assembly plant to 2007 from 2008.

 

[Last modified September 15, 2006, 22:38:30]


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