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home / articles / jim cramer predicts ford may move production amid ua mwn benzinga


TECH - Jim Cramer Predicts Ford May Move Production Amid UAW Strike: 'If They Don't Come To The Table Soon Mexico Will Be In Play' | Benzinga

Amid the United Auto Workers strike against Detroit’s Big 3, industry expert Jim Cramer has suggested that Ford Motor Company (NYSE:F) may consider moving additional production to Mexico.

Cramer, speaking on “Squawk on the Street,” shared his belief that if the UAW and Ford do not reach an agreement soon, Mexico could become an increasingly attractive location for Ford. He hinted at this possibility happening within “a couple of weeks,” reported CNBC.

"I have a feeling that, if they don't come to the table soon, Mexico will be in play,” he said.

Ford already maintains assembly plants in Mexico.

See Also: Honda Races To Grab Consumers With Crypto Payment Expansion

In a statement to CNBC, Ford spokesman Dan Barbossa emphasized the company’s goal to “achieve a record ...

Full story available on Benzinga.com

Stock Information

Company Name: Bio-Techne Corp
Stock Symbol: TECH
Market: NASDAQ
Website: bio-techne.com

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