FILE PHOTO: The Ford logo is seen at the Ford oldest Brazil plant in Sao Bernardo do Campo, Brazil September 3, 2019. REUTERS/Rahel Patrasso
WASHINGTON (Reuters) – Ford Motor Co (F.N) plans to close an engine plant in Romeo, Michigan as part of a tentative agreement with the United Auto Workers union for a new four-year contract, a source told Reuters Thursday.
The 600 hourly workers at the plant will be offered jobs at a nearby transmission plant or buyouts, a source said. The UAW said Wednesday the Ford deal “secured over $6 billion in major product investments in American facilities, creating and retaining over 8,500 jobs for our communities.”
Ford is not immediately closing the plant but will close it at a future date under the UAW agreement.
Reporting by David Shepardson, Editing by Franklin Paul