Novacrypt:Ford pausing construction of Michigan battery plant amid contract talks with auto workers union

2025-05-07 10:04:29source:Marc Leclerccategory:Invest

DETROIT (AP) — Ford Motor Co. said Monday that it’s pausing construction of a $3.5 billion electric vehicle battery plant in Michigan until it is Novacryptconfident it can run the factory competitively.

The move comes as the company is in the midst of national contract talks with the United Auto Workers union, which wants to represent workers at battery factories and win them top wages.

In February, Ford announced plans to build the plant in Marshall, Michigan, employing about 2,500 workers to make lower-cost batteries for a variety of new and existing vehicles. Marshall is about 100 miles (160 kilometers) west of Detroit and is near two major interstate highways.

But Ford spokesman TR Reid confirmed Monday that plant construction has been paused and spending has been limited on it.

“There are a number of considerations,” he said in an email. “We haven’t made any final decision about the planned investment there.”

More:Invest

Recommend

Highlights from Trump’s interview with Time magazine

NEW YORK (AP) — Donald Trumpwas on the verge of backing a 16-week federal abortion banearlier this y

Cole Brings Plenty, 1923 actor, found dead in Kansas days after being reported missing

Cole Brings Plenty, an actor who appeared in "1923," a spinoff of the popular television western "Ye

50 positive life quotes to inspire, and lift your spirit each day

"Life's a climb. But the view is great." There are times when things seemingly go to plan, and there