Ford Sells Norfolk Assembly Plant

Having been part of the Ford portfolio of manufacturing for 82 years before its closure in 2007, the Norfolk Assembly Plant was sold this week by the American manufacturer to real estate group Jacoby Development. As soon as it got its hands on the facility, Jacoby sold a portion of the newly acquired estate, or 100-acre, to logistic provider Katoen Natie.

The sale of the facility means a breath of fresh air and some new capital for Ford. For the Commonwealth of Virginia, having the facility b...

Source: http://www.autoevolution.com/news/ford-sells-norfolk-assembly-plant-33058.html

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