LOSS TO BRITAIN
Ford plan rejected
(N.Z. Press Assn.—Copyright)
LONDON, February 24.
Ford of Britain, badly hit by a strike, has advised its American parent company not to site a 30m enginemaking factory in Britain because of the present economic and industrial relations problems, “The Times” reports.
Workers in Ford factories throughout Britain have entered their fourth week of a pay strike with no settlement in sight.
The strike has already cost Ford a production loss of E33m.
“The Times” says that Ford of America had been considering Britain as a possible site for the new engine plant, one of its largest postwar investments, but Ford of Britain advised against this. Ford’s managing director, Mr William Batty, said: “The sad and simple fact is that there is no point in expansion until we can make use of the investments we already have. Overseas I dealers are saying quite |openly that it is becoming almost impossible to do busi|ness with the British motor i industry.”
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Bibliographic details
Press, Volume CXI, Issue 32540, 25 February 1971, Page 11
Word Count
164LOSS TO BRITAIN Press, Volume CXI, Issue 32540, 25 February 1971, Page 11
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