Ford to close U.K. plant

Ford Motor Co. on Thursday announced it will close a plant in Britain, cutting 1,500 jobs, after announcing a plant closing in Belgium on Wednesday.

Workers embrace at the Ford plant in Genk, Belgium, on Wednesday, Oct. 24, 2012, after the European Ford management announced it will close the plant at the end of 2014 — a move that will result in 4,500 direct job losses and 5,000 more among subcontractors. (Associated Press)

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