Ford Plans To Build New Assembly Plant In China; Will Have 4 Factories Once Built
Submitted by News Desk 2 on Thu, 04/19/2012 - 13:28
Ford has announced that it plans to build another assembly plant in China to meet growing demand in the world's largest auto market. The new factory will cost $760 million and will be built in Hangzhou.
News of this planned expansion comes just two weeks after it had announced yet another new plant in Chongqing costing $600 million, and after just completing a third factory also in Chongqing near its original plant.