Ford Sells Michigan, Mexico Plants

Ford Motor Co. announced that it has entered intosaid, "We're on the right track." In connection with
agreements with two companies to sell Michigan andthe plant's sale to Flex-N-Gate, Steve Stamper,
Mexico auto parts plants. The companies arepresident of UAW Local 600 at the Michigan fuel tank
Flex-N-Gate Corp. and Cooper-Standard Automotiveplant said, "It's better than being closed." The plants
Inc. The former is a privately held manufacturingwere previously part of Visteon, the automaker's
company based in Urbana, Illinois. It has agreed toparts wing that eventually become a separate
purchase the operation in Milan, about 35 milescompany in 2000. In 2005, the automaker bought
southwest of Detroit. The plant is utilized by theback some plants and created Automotive
automaker in the production of automotive grills andComponents Holdings LLC. It is now responsible for
bumpers. According to the automaker, the auto partsproducing automotive and architectural glass, chassis,
plant includes salaried employees leased from Visteonauto interior, powertrain components, and Ford
Corp. and United Auto Workers union hourlyclimate control. Said holding company operates 10
employees leased from Ford. Meanwhile,plants in the United States and 3 in Mexico. Aside
Cooper-Standard Automotive Inc., headquartered infrom selling parts plants, Ford is also absorbed in
Novi, agreed to purchase the Jarudo automotive fuelglobal restructuring. Mark Fields, president of Ford
rail factory of the automaker in Mexico. Said factoryMotor Co.'s Americas division, said that global
has about 500 workers. Cooper-Standard is a worldrestructuring of the automaker's management team
leader automotive supplier that specializes in thewill help give him the resources he needs to turn
manufacture and marketing of systems andaround the company's struggling North American
components for the auto industry. Ford had agreedbusiness. Fields added that the reorganization will allow
to sell its climate-control business to a FrenchFord to better leverage its global product
automotive supply company named Valeo SA. Thedevelopment resources. However, he said that it will
automotive operation is based at a plant in Plymouthtake years for the effort to bear its full fruits. "It
Township. Al Ver, Automotive Components Holdingsaccelerates getting our products to market as we
chief executive officer and chief operating officershare architecture and components," Fields said.