The Ford company will invest $1.6 billion to build a new small-car assembly plant in Mexico, creating 2,800 jobs by 2020 and citing business-as-usual motives, while others are angry over what they say is the potential loss of American jobs.
The factory will be in the state of San Luis Potosi, according to an official Ford statement. Construction will begin this summer, with production in 2018.
Ford said the move will not affect jobs in the U.S., where it has hired 25,000 workers in the past five years.
Donald Trump, Republican candidate in 2016 for U.S. President, stated that he strongly opposes the move.
“I would say, the deal is not going to be approved, I won’t allow it. I want that plant in the United States,” Trump said at a campaign stop in Michigan last August, responding to reports that Ford’s small-car output would shift to Mexico. He added, sarcastically, “Why don’t we just let the illegals drive the cars and trucks right into our country?”
Ford said in response that it has been manufacturing vehicles in Mexico since 1925 and that from 2011 to 2015, it has invested more than $10 billion in the U.S., adding 25,000 jobs.
“While we’re the second-largest producer of vehicles in North America, we are fifth-largest — No. 5 — in Mexico, behind Renault-Nissan, GM, Fiat Chrysler and Volkswagen,” president of the Americas, Ford, Joe Hinrichs.