Ford plans to close engine plant in Michigan as part of UAW deal | The Business Standard
Skip to main content
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Saturday
June 14, 2025

Sign In
Subscribe
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
SATURDAY, JUNE 14, 2025
Ford plans to close engine plant in Michigan as part of UAW deal

World+Biz

Reuters
01 November, 2019, 09:35 am
Last modified: 01 November, 2019, 09:37 am

Related News

  • UAE tops 50c in highest May temperature on record
  • What is Al-Ayyala dance that welcomed Trump in Abu Dhabi?
  • Pakistan's T20 cricket league moved to UAE over India conflict
  • World court dismisses Sudan's genocide case against UAE over alleged Darfur interference
  • UAE expedites visa issuance for Bangladeshis following talks

Ford plans to close engine plant in Michigan as part of UAW deal

Detailed terms of the Ford deal were not released, but they are expected to echo those agreed to with GM

Reuters
01 November, 2019, 09:35 am
Last modified: 01 November, 2019, 09:37 am
Photo :Collected
Photo :Collected

Ford Motor Co plans to close an engine plant in Romeo, Michigan, as part of a tentative agreement with the United Auto Workers union for a new four-year contract, a source told Reuters on Thursday.

The 600 hourly workers at the plant will be offered jobs at a nearby transmission plant or buyouts, a source said. The UAW said Wednesday the Ford deal "secured over $6 billion in major product investments in American facilities, creating and retaining over 8,500 jobs for our communities."

Ford will close the plant in the future under the UAW agreement. Ford and the UAW declined to comment.

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

In March 2017, Ford said it was investing $150 million in the Romeo Engine Plant to boost capacity for engines and new tooling for components, one of three Michigan plants at the time it said were getting new investments. Ford said the investment was to boost the plant building engines for vehicles that include Ford Super Duty, E-Series, Ford Shelby GT 350 Mustang and Shelby GT350R Mustang, along with components for F-Series, Mustang, Explorer and Edge.

In 2017 US President Donald Trump praised Ford's decision to invest in Romeo and two other Michigan plants. "Major investment to be made in three Michigan plants," Trump posted on Twitter at the time. "Car companies coming back to US JOBS! JOBS! JOBS!"

In contrast to Ford, General Motors Co endured a 40-day-strike by its US hourly workforce that cost it about $3 billion before winning approval for a new labor deal earlier this month.

Detailed terms of the Ford deal were not released, but they are expected to echo those agreed to with GM, as the union typically uses the first deal as a pattern for those that follow.

The deal includes a signing bonus of $9,000 per person, according to a person familiar with the deal who asked not to be identified. Union members at GM received $11,000 per person.

UAW leaders from the various US plants will meet on Friday to potentially approve the deal, which then would be sent to the 55,000 members at Ford for final approval, a union spokesman said.

Top News

Ford / UAE

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Infograph: TBS
    Lowering targets and missing those: Is splitting NBR enough to break the cycle?
  • Missiles launched from Iran are intercepted as seen from Tel Aviv. REUTERS/Jamal Awad
    Iran fires missiles at Israel in response to attacks; Trump says it's not too late for nuclear deal
  • Logo of National Citizen Party (NCP)
    People won't accept election date before July Charter is implemented: NCP on Yunus-Tarique meeting

MOST VIEWED

  • Wreckage of a Boeing 787 Dreamliner showing part of its registration "VT-ANB" in Ahmedabad, India, June 12, 2025. REUTERS/Amit Dave
    Air India Dreamliner crashes into Ahmedabad college hostel, kills over 290
  • File Photo of Chief Adviser Muhammad Yunus: UNB
    Prof Yunus to receive Harmony Award from King Charles today
  • Energy adviser Fouzul Kabir Khan with other government officials during a visit to Sylhet gas field on 13 June 2025. Photo: TBS
    I would disconnect gas supply to every home in Dhaka if I could: Energy adviser
  • Bangladesh Bank Governor Ahsan H Mansur. TBS Sketch
    Bangladesh mulls settlements with tycoons over offshore wealth: BB governor tells FT
  • UCB declares no dividend for 2024 to comply with regulatory requirement
    UCB declares no dividend for 2024 to comply with regulatory requirement
  • UK Prime Minister Keir Starmer, Chief Adviser Muhammad Yunus
    Disclosure of unconfirmed Yunus-Starmer meeting shows ‘diplomatic imprudence’: Analysts

Related News

  • UAE tops 50c in highest May temperature on record
  • What is Al-Ayyala dance that welcomed Trump in Abu Dhabi?
  • Pakistan's T20 cricket league moved to UAE over India conflict
  • World court dismisses Sudan's genocide case against UAE over alleged Darfur interference
  • UAE expedites visa issuance for Bangladeshis following talks

Features

Photos: Collected

Kurtis that make a great office wear

14h | Mode
Among pet birds in the country, lovebirds are the most common, and they are also the most numerous in the haat. Photo: Junayet Rashel

Where feathers meet fortune: How a small pigeon stall became Dhaka’s premiere bird market

2d | Panorama
Illustration: Duniya Jahan/ TBS

Forget Katy Perry, here’s Bangladesh’s Ruthba Yasmin shooting for the moon

3d | Features
File photo of Eid holidaymakers returning to the capital from their country homes/Rajib Dhar

Dhaka: The city we never want to return to, but always do

4d | Features

More Videos from TBS

No Cash in ATMs: System Glitch or Something Deeper?

No Cash in ATMs: System Glitch or Something Deeper?

8h | TBS Today
Iran-Israel military power; who is ahead?

Iran-Israel military power; who is ahead?

10h | TBS World
Did the possibility of an Iran nuclear deal set back after the attack?

Did the possibility of an Iran nuclear deal set back after the attack?

12h | TBS World
IRGC chief Major General Hossein Salami killed in Israeli strike

IRGC chief Major General Hossein Salami killed in Israeli strike

13h | TBS World
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net