Trump Takes Credit for Keeping Ford Plant in U.S.
Ford shares were in focus on Friday after President-elect Donald Trump took credit for keeping a Lincoln plant in Kentucky
Ford (F) - Get Report shares were in focus on Friday after President-elect Donald Trump took credit for keeping a Lincoln plant in Kentucky. Trump tweeted that he worked with Ford chairman Bill Ford to keep the plant in the Bluegrass state, not Mexico. But Ford has repeatedly said it has no plans to close any U.S. plants. The Louisville Assembly Plant in Kentucky builds the Ford Escape and the Lincoln MKC SUV and employees 47-hundred people. Last month, the No. 2 automaker in the U.S. said it would suspend production of the Escape and MKC at the Louisville plant for two weeks because of low demand.
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