General Information

Ford Australia announces further closures

by Mark Benson on May 25, 2013

in General Information

Ford Australia announces further closures

Ford Australia announces further closures

Ford Australia, a company which has been part of the Australian economy for some time now, has this week announced the closure of two production plants in Victoria. The plants will be closed by October 2016 with the loss of 1000 jobs and the timing could not have been worse for the Australian government ahead of the September election.

Ford is just one of many manufacturing companies which are finding it very difficult to operate in Australia. Despite the fact that the Australian economy has performed admirably since the worldwide recession of 2008, this has predominantly been the result of a very buoyant mining industry which has to all intents and purposes overshadowed problems with the rest of the business arena. What has prompted this decision by Ford? [click to continue…]

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