TRAVERSE CITY, Mich. • Even though U.S. auto sales are close to returning to pre-recession levels, don’t expect to see a new Ford factory anytime soon.
Jim Tetreault, Ford’s North American manufacturing chief, says his mandate is to squeeze more production out of existing plants to avoid the high cost of new bricks and mortar. Some plants are operating near capacity.
“We can always squeeze more. I have never said ‘boss, we can’t get another one out,” Tetreault said Wednesday at the Center for Au...
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