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Technology Stocks : AmeriChip International, Inc. No Pumpers/Bashers

ACII 25.38

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Oct 31 9:30 AM EST

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From: BarclayDonaldson	3/17/2007 10:22:58 PM
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Interesting news at Ford's Sharonville plant. People that have actually DD'd ACHI know they tested the LACC process at Ford's Sharonville plant a couple of years ago. This plant just got $200M from the parent company to upgrade their equipment. Will LACC be installed? biz.yahoo.com Sharonville Ford plant wins $200M investment Friday March 9, 9:14 pm ET A package of incentives and a productive work force helped Ford's Sharonville plant win a $200 million investment from its parent. Ford Motor Co. said Friday that it will retool the plant to produce a new, fuel-efficient transmission, according to an Associated Press story. "The Sharonville plant was selected because it is considered a center of excellence for building gears and employees there have been working very hard to assure world-class productivity," a Ford spokeswoman said in the story. The state, county and city also worked hard to win the investment, offering incentives worth $1.5 million. The company had been considering other sites, including Mexico. The Sharonville plant will be Ford's only local manufacturing facility after 2008, when its Batavia transmission venture is shut down. Dearborn, Mich.-based Ford (NYSE: F - News), which lost $12.7 billion in 2007, the worst year in its history, is planning to close 16 plants and cut 45,000 jobs as part of its restructuring effort. Published March 9, 2007 by the Cincinnati Business Courier

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