ML-Implode News - Ford invests $1.2 billion in Michigan plants, Per 2015 UAW Contract (TRUMP ONCE AGAIN TRIES TO TAKE CREDIT)

Ford will invest $1.2 billion to build or modernizeÂ three facilitiesÂ in Michigan where it plans to assembleÂ trucks and SUVs, and to store consumer data, a reflection of the trends that are fundamentally reshaping the auto industry's business model and manufacturing operations in the U.S.
President Trump preempted the "big announcement"Â with an early morning tweet in which he touted, "Car companies coming back to U.S. JOBS! JOBS! JOBS!" ... ButÂ such massiveÂ investment decisionsÂ take longerÂ to plan and executeÂ than TrumpÂ has been in office.Â The investments Ford announced Tuesday, for example, are part of aÂ 2015 contract between the automakerÂ and United Auto Workers in which the company agreed to invest $9 billion and create or retain 8,500 jobs through 2019.''

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Ford invests $1.2 billion in Michigan plants, Per 2015 UAW Contract (TRUMP ONCE AGAIN TRIES TO TAKE CREDIT)