Ford Philippines is selling the site of its decommissioned assembly plant in Sta. Rosa, Laguna, its top executive said Thursday.
Ford Philippines president Randy Krieger said the company started to disassemble the factory, with reusable equipment to be sent to other Ford plants in North America and Thailand.
Ford will donate other parts of the facility to nearby schools and charity foundations, he added.
“We’re in the process of decommissioning that plant but I cannot say when exactly we are going to finish,” Krieger said in an interview Thursday.
He said the property would be up for sale through a local sales agent, but said “we never put it on auction.”
“I don’t want to speculate on who’s looking at the property and its current value. But I believe that it will be on high demand given the good location. It’s a decent property,” he said.
The assembly plant is located on a 24.1-hectare lot inside the Greenfield Automotive Park in Sta. Rosa.
The facility is complete with an assembly plant capable of producing four different vehicle platforms. Prior to the closure, the plant assembled the Lynx sedan and the Escape sports utility vehicles for domestic and export markets and Tribute SUV and Protege sedan for export to Thailand and Indonesia.
Ford Philippines’ fleet of vehicles also included the Everest, Ranger, Expedition and the Chateau Wagon.
Krieger said the company’s decision to pull out assembly functions from the Philippines was a business decision that was “intensively and extensively studied.”
“For us the business equation [in the Philippines] is something that will not work for us. It may work for other manufacturers. I hope it does and we wish them well. The Philippine government was also supportive of our decision and so was the Peza [Philippine Economic Zone Authority],” he said.
He said about 30 workers from the decommissioned plant were absorbed by other Ford plants while trying to find overseas positions for others affected by the closing of the Ford plant in Laguna.
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