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December 14, 2010

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New Ford plant

FORD Motor yesterday said it will begin building a new plant in Nanchang, capital of Jiangxi Province, next year.

The plant will begin operations in 2013, Ford Asia-Pacific and Africa President Joe Hinrichs said at a meeting with Jiangxi Governor Wu Xinxiong.

Ford hopes to boost Nanchang's auto industry and will increase its stake in Nanchang-based Jiangling Motors Co, Hinrichs added.

Ford has a 30 percent stake in Jiangling.

 

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