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Ford Motor Company To Close Philippine Car Assembly Plant By End 2012-DJ
Dow Jones reported that The Philippine unit of Ford Motor Company said Wednesday that its assembly plant in Santa Rosa, a city just south of Manila, will be shut down by the end of 2012 as part of the U.S. car company's restructuring of regional manufacturing operations. Ford vehicles will continue to be available in the Philippines, albeit imported from other facilities in Asia. The company plans to double the size of its current dealership network by 2015.
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