Ford-Hazelwood - KAIT Jonesboro, AR - Region 8 News, weather, sports

Ford-Hazelwood

January 22, 2006 - Posted 1:10 p.m. CST

ST. LOUIS (AP) _ Ford Motor Company is expected to unveil a
restructuring plan today that could close its factory in Hazelwood.
The move would cut about 14-hundred jobs.

The Wall Street Journal reports that Ford plans to close ten
plants and lay off 25-thousand hourly workers. The company is
refusing to outline its plan before officially announcing it
tomorrow.

The Hazelwood plant is ripe for closing because it makes the
Ford Explorer S-U-V, which has lost customers.

Missouri officials have asked Ford to consider other options,
like using the Hazelwood plant to build hybrid cars or turning it
into a ``flex-plant'' that could build different cars as needed.

But analysts say it's unlikely Ford will retool plants because
the company has limited money to spend.

(Copyright 2006 by The Associated Press...All Rights Reserved)

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