05-30-2007, 09:07 PM
Ford closes Windsor casting plant
30-05-2007
Source: Canadiandriver
Windsor, Ontario - Production at the 73-year-old Windsor Casting Plant ended yesterday as part of Ford's cost-cutting measures to regain profitability. Ford lost U.S. $12.7 billion last year, and has said it will close 10 plants by 2012.
The Windsor Casting Plant opened in 1934 and most recently employed 500 people. It produced cylinder block castings for 4.2-litre V6 engines and crankshafts for 4.2-litre V6, 5.4-litre V8, 3.0-litre V6, 4.6-litre V8 and 2.3-litre engines. The plant was also one of the largest recyclers of iron and steel in Southern Ontario.
Working with the CAW, Ford of Canada has offered financial assistance packages worth up to $100,000 to help employees in Windsor retire, or move their careers in new directions. The company has also partnered with the Ontario government to open an employment counselling and training centre specifically for Ford employees impacted by the restructuring.
The closing comes amid ongoing mass demonstrations by CAW workers protesting the loss of manufacturing jobs in Canada.
30-05-2007
Source: Canadiandriver
Windsor, Ontario - Production at the 73-year-old Windsor Casting Plant ended yesterday as part of Ford's cost-cutting measures to regain profitability. Ford lost U.S. $12.7 billion last year, and has said it will close 10 plants by 2012.
The Windsor Casting Plant opened in 1934 and most recently employed 500 people. It produced cylinder block castings for 4.2-litre V6 engines and crankshafts for 4.2-litre V6, 5.4-litre V8, 3.0-litre V6, 4.6-litre V8 and 2.3-litre engines. The plant was also one of the largest recyclers of iron and steel in Southern Ontario.
Working with the CAW, Ford of Canada has offered financial assistance packages worth up to $100,000 to help employees in Windsor retire, or move their careers in new directions. The company has also partnered with the Ontario government to open an employment counselling and training centre specifically for Ford employees impacted by the restructuring.
The closing comes amid ongoing mass demonstrations by CAW workers protesting the loss of manufacturing jobs in Canada.