Stories indexed with the term ‘Ford Motor Co.’

Column: Bill Ford Sr.’s Legacy of Loyalty

John U. Bacon

John U. Bacon

Editor’s note: A shorter version of this column was published in the March 12, 2014 edition of the Wall Street Journal.

In the course of his 88 years, William Clay Ford, who died Sunday, captained Yale’s tennis team, earned an engineering degree and chaired Ford Motor Co.’s finance committee, which is enough for any lifetime.

But he will likely be remembered mainly as the owner of the Detroit Lions, during five woefully unsuccessful decades. Since he took over the franchise in 1964, the Lions have won exactly one playoff game, and remain the only NFL team to miss out on all 48 Super Bowls.

Ford’s critics claim he was a snob who didn’t care about the average fan, a fat cat who was more focused on profits than the playoffs.

False, and false. [Full Story]

County Board Votes on Brownfield Plans

Action was taken on two brownfield plans during the Dec. 7, 2011 meeting of the Washtenaw County board of commissioners.

The board gave final approval to a brownfield plan for Ford Motor Co’s Rawsonville plant, after holding a public hearing on the plan earlier in the meeting. The plan would allow Ford to apply for $625,000 in Michigan Business Tax credits. According to a staff memo, the plan – with the potential tax credits – would allow the company to retain 260 jobs by bringing back work that’s currently done in China and Mexico. Investment in 2012 would be about $20 million, with total jobs stabilized at about 700 workers.

Commissioners also give initial approval to a brownfield plan for Arbor Hills … [Full Story]

Column: On the Road

Rob Cleveland

Rob Cleveland

When I talk to out-of-state relatives, they begin the conversation with the same pity-laden inquiry: “So how’s it going out there?” By “out there” they mean the state with the worst unemployment figures, rampant foreclosures, corrupt former mayors, headline-grabbing corporate meltdowns and enough clinical depression to put a squeeze on the country’s Zoloft supply.

Michigan’s slide into unwanted notoriety has been led by the collapse of the domestic automobile industry – once an engine for the economy, and now a drag both here at home and across the nation.

But unlike last winter (and spring, and summer), the news is looking a little brighter lately. Mind you, I’m not declaring “Mission Accomplished,” but the collective headlines that came out just this week could mean the auto industry, and by association the state of Michigan, could be on the mend. [Full Story]