![]() | ||||||||||||||||||||||||||||||||||||||||||||
| Thursday, July 15, 1999 Published at 17:25 GMT 18:25 UK Special Report Fear for Ford Factory future ![]() Company denies any moves There is uncertainty over the future of the Ford Visteon Plant in south Wales following speculation that it may be sold off. Unions have made clear their opposition to any sell-off. The Jersey Marine plant near Swansea employs more than 1,000 workers making chassis components for cars. A �22m investment in the plant was announced in March, but now it's reported that Visteon is looking for greater independence, which could involve spinning off from Ford or finding a buyer.
Duncan Simpson of the AEEU says the union would oppose any moves to remove Visteon from the Ford operation. "Any move to take our people who are currently involved in the plants concerned will be totally opposed in all the countries - that is the UK, France, Germany and the United States," he said. "We are saying these people are part of our 'family' and we expect them to remain in it."
However, the Ford Motor Company denies Visteon is in doubt. Ford's Vice Chairman and Chief Financial Officer W. Wayne Booker said on Wednesday that the world's No. 2 automaker has no plans to take any action with its Visteon parts unit. "I do not think we are under any pressure to take any immediate action on Visteon," he told reporters at the company's Dearborn, headquarters in Michigan. | Special Report Contents
| ||||||||||||||||||||||||||||||||||||||||||