The Bellefontaine Examiner Online
Bellefontaine Examiner Online

 

 News

 Sports

 AP News

 Obituaries

 Classifieds

 Blog

 Spotlight

 Community

 Purchase

 Buy Photos

 Download

 Sudoku

 Dining Guide

  Logan County Sex Offenders
  Ohio Newspaper Association
  See Indian Lake.Net
  Blue Jacket
  News Currents Online
    Logan County Open

 

home/ap news/ap news 07.22/

 

Ford expands buyout offers at Mich., Ohio plants


advertisements

DETROIT — After falling short in previous attempts to trim its hourly ranks through buyouts, Ford Motor Co. is trying again — likely to make room for new hires making about half the wage of current workers.

The Dearborn automaker said it plans to begin offering buyouts July 28 to employees at facilities in Michigan and Ohio, including plants that have temporarily shut down or eliminated shifts. They include truck and sport utility vehicle assembly plants, and stamping and parts operations.

The company also plans to offer buyouts in August at three Detroit-area plants making axles, transmissions and engines.

Earlier this year, Ford announced corporate-wide buyout and early retirement offers for U.S. hourly workers. But only 4,200 took the offers, far fewer than the company wanted.

Monday’s announcement builds on targeted buyouts offered in June at other plants in Kentucky and the Midwest.

Ford has said high gas prices are sending consumers away from trucks and SUVs toward more fuel-efficient cars and crossovers. The shift is forcing production cuts at truck and SUV plants and increases at some factories that make smaller vehicles.

Ford, which recently announced it will cut third- and fourth-quarter production and delay the launch of its new F- 150 pickup by two months, also seeks to cut about 12 percent of its salaried work force. Ford expects to detail further changes to its restructuring plan when it announces second-quarter financial results Thursday.

Ford spokeswoman Anne Marie Gattari said the latest buyout round is not a prelude to any announcements later this week but follows commitments the company made regarding buyouts when it reached a national contract with the United Auto Workers in October.

As with previous buyout offers, workers could get $50,000 to $140,000, depending on seniority. Some of the packages pay for education or help people start their own businesses.

A message was left Monday for UAW spokesman Roger Kerson.

 

Contact | Paper Locations
Copyright © 2008 The Bellefontaine Examiner, Hubbard Publishing