SOURCE: Industrial Info Resources

Industrial Info Resources

January 12, 2011 05:30 ET

Ford Adding 7,000 U.S. Jobs in Next 24 Months, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - January 12, 2011) - Researched by Industrial Info Resources (Sugar Land, Texas) -- For much of the last three years, Ford Motor Company (NYSE:F) (Dearborn, Michigan) has flown under the radar. While its American brethren have faced much-publicized bankruptcy proceedings and financial problems, plus a lengthy rebuilding process, Ford has stayed out of the limelight and run its business in an efficient manner. The automaker has made cuts where needed, closing unnecessary facilities and trimming its payroll, but has managed to do so without raising the hackles of the public. Ford's cost-cutting measures are finally paying off as the automaker is poised to begin a measured expansion program aimed at keeping the focus firmly planted on slow and steady growth. To that end, Ford announced it would be adding 7,000 jobs in the U.S. by the end of 2012.

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