US President Donald Trump is committed to trying to get American automakers to bring more of their North American production back to the United States, especially repatriating those models currently built import-duty-free in Mexico under the North American Free Trade Agreement.
Despite this, Ford feels it already has the right number of US manufacturing plants. Ford Motor Company President and CEO Mark Fields told CNBC this week: “I think we have the appropriate amount of assembly plants here in the US. Of course, we’re always looking to growth our business and use our assets here even more.”
Ford already produces more vehicles in the United States than any other automaker, employing more hourly American workers in its manufacturing operations than either General Motors or Fiat Chrysler Automobiles. The company’s canceled $1.6-billion plant in San Luis Potosi, Mexico would have created another 2,800 jobs in that country, for a total of roughly 11,600. Meanwhile, Ford employs some 85,000 hourly US workers.
Ford’s CEO still looks forward to what he believes will be a business-friendly environment under the new US President. “We volunteered to continue to work with his administration on policies that will support both investment and job creation here in the US,” he told CNBC. “We have to see how the policies develop and solidify over time.”