Ford will close by 2014 its plant in Genk, Belgium, and will move the activity to Spain, in Valencia. The operation – announced today by the American automaker itself – is part of a more complex plan to restructure its operations in Europe.
The goal is to "strengthen Ford's business in Europe and return to profitable growth," Ford Europe president Stephen Odell said in a statement.
The Genk factory has been in operation since 1964 and currently employs 4.300 workers. The plant produces the Mondeo mid-size car and the Galaxy and S-Max minivans, all models nearing the end of their life.
In Valencia, Ford produces the five- and seven-door C-Max, employing 3.485 people. There is also an engine plant with 470 workers. In Spain, Ford employs a total of 6 people. According to the regional government of Valencia, no tax incentives were offered to the US group.
