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Ford announces Taubaté plant (SP) sale agreement

Ford announces Taubaté plant (SP) sale agreement

Ford has signed a commitment agreement to sell the Taubaté Plant (SP) to São José Desenvolvimento Imobiliário, the automaker announced this morning.

In 2020, São Jose It has already acquired the land and facilities of the automobile plant in São Bernardo do Campoat ABC Paulista, to transform both of them into a logistics hub.

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According to Oval Azul, the completion of the deal referring to the Taubaté unit, which produces engines and transmissions and closed last year, depends on the approval of the CADE (Administrative Council for Economic Defense).

The entire process should be completed within 60 to 90 days, adds Ford, which on January 11, 2021 announced the end of car production in Brazil To become an importer only in the country.

With this decision, Ford closed the activities of factories in Camaçari (BA), which manufactured the Ka and EcoSport models, and pulled off the line, and in Taubaté. Troller unit also closed, in Horizonte (CE)which belongs to the North American brand.

The The São Bernardo do Campo plant, which assembled the trucks and the Fiesta, closed in October 2019.

Regarding Taubaté, the unit had about 830 direct employees, all of whom were terminated as of December last year – the automaker paid compensation of up to 300,000 R$ through agreements.

The Vale do Paraíba plant resumed its activities in February 2021 to produce spare parts, which continued for a few more months until its final closure.

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