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Ford pauses construction of Marshall, Mich., plant due to fallout from UAW, inflation-cutting bill

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2023-09-30 19:09:091282browse

News from this site on September 30, according to foreign media CNBC, Ford CEO Jim Farley accused the United Auto Workers (UAW) of jeopardizing contracts for the company’s upcoming electric vehicle battery factory. Negotiation as a "hostage". The UAW strike, now in its third week, expanded today to include more plants, including those operated by Ford.

Ford pauses construction of Marshall, Mich., plant due to fallout from UAW, inflation-cutting bill

This site noticed that Ford had previously announced plans for four battery factories in the future, including three joint ventures and a wholly-owned subsidiary. Using battery technology authorized by CATL.

But just this week, Ford suspended one of its plants, a $3.5 billion electric plant in Michigan, citing labor costs and potential incentives from the 2022 Inflation Reduction Act (IRA). Car battery factory . Farley said the UAW is trying to use the battery plant as leverage in negotiations with Ford — which he said doesn't make sense in the context of the current contract.

Keep in mind, these battery plants haven’t been built yet, Farley said. Most of them are joint ventures. Because the workers haven’t been hired yet and won’t be hired for many years to come, they’re still Not organized by the United Auto Workers." He also defended the company's previous proposals, which included hourly wage increases of more than 20%, the restoration of cost-of-living adjustments, job protections and other benefits

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