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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding -- Ignore unavailable to you. Want to Upgrade?

To: robert b furman who wrote (1919)	2/23/2019 4:37:25 AM
From: elmatador	Respond to of 13803

Hi Bob! Always good to hear from the men involved. Very good. Ford closing old plant in Brazil old industrial heartland. The city is Sao Bernardo do Campo. Here is my take: The plant's area is 111.5 hectares. It was set after WW II. Today the land where Ford Brasil seats, it is worth millions. I think Ford Brasil wants to cash in on the valuable real estate as its othe factories outside Sao Bernardo do Campo. Ford Motor Co’s oldest factory in Brazil, slated for closure later this year, was a giant among auto plants, occupying a sprawling 12 million square feet (111.5 hectares), bigger than many of the automaker’s U.S. facilities https://www.reuters.com/article/us-ford-motor-southamerica/fords-brazil-shutdown-highlights-automakers-woes-with-excess-capacity-idUSKCN1QA1IR