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Friday, July 23, 2010

Maybe they'll keep Claycomo open after all

Latest report on Ford from The NY Times this morning: Ford Reports Another Profit, and Sees More Gains Ahead By NICK BUNKLEY DEARBORN, Mich. — The Ford Motor Company on Friday said it earned $2.6 billion in the second quarter and expected to have more cash than debt by the end of 2011. It was the fifth consecutive quarterly profit and best earnings report in more than six years for Ford, whose turnaround has been picking up steam, increasing sales and market share in the United States, even as the market remains sluggish. God forbid they have to close Claycomo. 4000+ jobs lost would hit this area rather hard. Think happy thoughts and have a great weekend, y'all. Link to original post: http://www.nytimes.com/2010/07/24/business/24ford.html?hp=&pagewanted=print

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