Source Pravda.Ru

Ford To Coax CAW - 1 October, 2002 - News

Ford agreed to invest $600m in the production of a new vehicle at one of Ford’s assembly plants in Ontario in order to avoid confrontation with Canadian autoworkers.

Actually the Ontario truck plant is scheduled to close though the company has not decided yet. Ford promised to save 900 jobs out of 1,400 unionized positions at the Oakville truck assembly line.

As the company follows its policy of restructuring worth of $9bln in spite of closing an assembly line at Oakville, Ontario Ford agreed to invest $600mln for a new shift at a facility adjacent to the truck assembly line in OakvilleSo Ford has agreed to extend the life of the truck assembly line by a few months until July 2004 and that the factory will be “mothballed” rather than torn down after that.

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Several years ago, a prominent Indonesian businessman who now resides in Canada, insisted on meeting me in a back room of one of Jakarta's posh restaurants. An avid reader of mine, he 'had something urgent to tell me', after finding out that our paths were going to be crossing in this destroyed and hopelessly polluted Indonesian capital.

Capitalism reduced Indonesian cities to infested carcases

Several years ago, a prominent Indonesian businessman who now resides in Canada, insisted on meeting me in a back room of one of Jakarta's posh restaurants. An avid reader of mine, he 'had something urgent to tell me', after finding out that our paths were going to be crossing in this destroyed and hopelessly polluted Indonesian capital.

Capitalism reduced Indonesian cities to infested carcases
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