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0 0 0.00438596491228076 0 0 -0.000877192982456122 0.00482456140350875 0.00171052631578954
Stock impact report

Ford to repurpose BlueOval SK Battery Park; 1,500 to lose jobs [Yahoo! Finance]

Canadian Solar Inc. - Common Shares (CSIQ) 
Last canadian solar inc. - common shares earnings: 3/26 06:00 am Check Earnings Report
US:NASDAQ Investor Relations: investors.canadiansolar.com
Company Research Source: Yahoo! Finance
On Dec. 15, Ford announced it will convert its BlueOval SK Battery Park in Glendale from a facility producing batteries for electric vehicles into a facility that produces battery energy storage systems, effectively launching a new business segment for the American automaker. This follows a Dec. 11 announcement that Ford and South Korean conglomerate SK On have parted ways on their joint electric vehicle battery endeavors , and the Glendale BlueOval SK Battery Park is being turned over to Ford as a Ford subsidiary owned facility. "This is a customer-driven shift to create a stronger, more resilient and more profitable Ford," Ford President and CEO Jim Farley said on Dec. 15. "The operating reality has changed, and we are redeploying capital into higher-return growth opportunities: Ford Pro, our market-leading trucks and vans, hybrids and high- margin opportunities like our new battery energy storage business." The announcement comes after the Trump administration has reversed f Show less Read more
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