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Thursday, April 19, 2012

ALERT: Ford to build $760 million plant in China

BREAKING NEWS ALERT April 19, 2012
 
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Ford to build $760 million plant in China
 Factory will boost capacity to 1.2M vehicles a year
 Bradford Wernle
Ford, in a bid to catch up with GM and VW in the world's largest auto market, said it will build a $760 million assembly plant in Hangzhou, China. The project will help Ford double its manufacturing capacity in the country to 1.2 million vehicles a year.
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