Ford Motor Company (NYSE:F) opens new center

Posted by Lynn Eisler June 12, 2013 0 Comment 926 views


The leading producer of cars and trucks, Ford Motor Company (NYSE:F) had recently opened its former business incubator in the Southwest Detroit as the Ford Resource and Engagement Center. The center is aimed at providing a gathering place for the local residents to obtain needed services, to learn new skills and to develop new innovative talents.

The mayor of Detroit, Dave Bing and the executive chairman of Ford Motor Company (NYSE:F) were present at the grand ceremony to cut open the Resource and Engagement Center and take part in the community celebrations. Despite it being a non business based engagement center for the local community, Ford Motor Company (NYSE:F) has made an unusual move to take the responsibility of managing the center at its own cost.

Ford Motor Company (NYSE:F) would also fund any future improvements in the physical up gradation, maintenance costs and all other operating costs related to the Resource and Engagement Center. At the opening ceremony, the executive chairman of Ford Motor Company (NYSE:F) reported that the Resource and Engagement Center is opened in line with the celebrations of the 150th anniversary of the founder, Henry Ford. The vision of the founder of Ford Motor Company (NYSE:F) had not been just limited to making personal transportation affordable, but he had also been cautious to leave a lasting impact on the communities to which his employees and customers belonged.

The Mexican Town Mercado building that houses the Resource and Engagement center of Ford Motor Company (NYSE:F) would now feature range of services from leading providers such as Dance and Art classes from Living Arts, variety of bilingual services from LA SED, Performing arts training from Mosaic Youth Theatre, Income tax preparation from Accounting Aid etc. It could thus be observed that Ford Motor Company (NYSE:F) had been highly considerate about the development of its local community in variety of expertise.

The shares of Ford Motor Company (NYSE:F) had declined by 1.27 percent to close at $15.51 per share for the end of last trading session on Tuesday. The company witnessed the trade of 35.37 million shares on Tuesday.


About Lynn Eisler

Lynn Eisler is a national news reporter focusing on economic issues, data analysis and the financial health of state and local governments. Lynn has been honored with the H.L. Mencken Award for Investigative Reporting, the Champion of Justice Award for reporting on the drug war, and the John Hancock Award for business reporting. Lynn was also a Knight Medical School Fellow at the University of Michigan.

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