Ford: UK Plant to Close by September 2020 -- Update
June 06 2019 - 8:52AM
Dow Jones News
--Ford confirms the 2020 closure of Bridgend engine plant
--U.S. car manufacturer has started a consultation with
staff
--Unite union said the plans will cost 1,500 jobs
By Adam Clark and Carlo Martuscelli
Ford Motor Co. (F) confirmed on Thursday that it has started a
consultation with staff ahead of plans to shut down its engine
plant in Bridgend, Wales, by September 2020.
The U.S. car manufacturer said that the proposal supports its
strategy of creating a more efficient and focused business in
Europe.
The Unite union, which first brought the plans to light, said
they will cost 1,500 jobs and called on the car manufacturer to
rethink the closure. The plant makes the Dragon petrol engine for a
variety of Ford vehicles.
"Ford bosses should be rebalancing global engine production from
Mexico and India to Bridgend. There is a global yearly market of
some 500,000 for the Dragon engine and we demand our fair share of
that," Steve Turner, Unite's assistant general secretary, said.
Stuart Rowley, president for Ford's European business, said that
the company was required to make some difficult decisions, but that
it remained committed to the U.K. He cited changing customer demand
and costs for the decision.
The auto-maker said it will continue to produce engines at its
Dagenham plant and it would keep its technical center in Dunton,
both in southeast England. It added that it intends to help
laid-off staff find new work.
Write to Adam Clark at adam.clark@dowjones.com; @AdamDowJones
and Carlo Martuscelli at carlo.martuscelli@dowjones.com
(END) Dow Jones Newswires
June 06, 2019 08:37 ET (12:37 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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