UAW criticizes Ford plan to build new vehicle in Mexico, not Ohio – Reuters
The United Auto Workers union criticized Ford Motor Co’s plan to build a new vehicle in Mexico rather than at an Ohio plant, suggesting it might be in violation of the automaker’s contractual commitments.
UPDATE 1-Melrose initiates sale of Nortek air unit as annual profit plummets – Reuters
Melrose Industries has begun a sale process for its Nortek air-conditioning division, the British engineering business owner said on Thursday, as it posted a steep fall in annual profit on the fallout from the COVID-19 pandemic.