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Ford plans to close Michigan engine plant as part of UAW deal



FILE PHOTO: Ford logo visible at Brazil's oldest plant in Sao Bernardo do Campo, Brazil, September 3, 2019. Reuters / Rachel Patraso

WASHINGTON (Reuters) ̵

1; Ford Motor Co ( FN ) plans to close a motor plant in Romeo, Michigan as part of a preliminary agreement with the United Automobile Workers Union for a new four-year contract, a source told Reuters on Thursday.

600 part-time workers at the plant will be offered jobs at a nearby transmission plant or buyout, a source said. UAW said Wednesday that the Ford deal "provided over $ 6 billion in major product investments in US facilities, creating and maintaining over 8,500 jobs for our communities."

Ford will close the plant in the future under the UAW agreement . Ford and UAW declined comment.

In March 2017, Ford stated that it was investing $ 150 million at a Romeo engine plant to increase engine capacity and new component tools, one of three plants in Michigan at the time it said it was receiving new investments. Ford said the investment is to strengthen car building engines that include the Ford Super Duty, E-Series, Ford Shelby GT 350 Mustang and Shelby GT350R Mustang, along with components for the F-Series, Mustang, Explorer and Edge.

In 2017, US President Donald Trump praised Ford's decision to invest in Romeo and two other plants in Michigan. "A major investment will be made at three plants in Michigan," Trump reported on Twitter. "Car Companies Returning to the United States JOBS! WORK PLACES! WORK! ”

Unlike Ford, General Motors Co ( GM.N ) suffered a 40-day strike from its workforce in the US, which cost her about $ 3 billion before winning approval for new work deal earlier this month.

The detailed terms of the Ford deal have not been published, but are expected to erode those who agree with GM, as the union usually uses the first deal as a model for the next.

The deal includes a $ 9,000 signing bonus per person, according to someone familiar with the deal who asked not to be identified. GM members received $ 11,000 per person.

UAW executives from various US headquarters will meet on Friday to potentially approve the deal, which will then be sent to 55,000 Ford members for final approval, a union spokesman said.

Reporting by David Shepherson, Editing by Franklin Paul, Richard Chang and Dian Craft

Our Standards: Thomson Reuters Trust Principles.

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