Ford Pays a High Price for Plant Closing in Belgium - NYTimes.com - 0 views
-
In Genk, a city of 65,000 people, many of them descendants of Italians, Turks or Moroccans who came decades ago to dig coal, an estimated 10,000 jobs will be lost at the end of next year when Ford closes the factory.
-
And Genk was among the European factories with the most excess capacity.
-
In 2012, Ford lost $1.8 billion in Europe for the full year.
- ...2 more annotations...