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Ford confirms 425-million-euro Spain investment

From Reuters| August 30 , 2007 15:31 BJT

U.S. car maker Ford Motor Co. said today it had signed an agreement with a Spanish union to invest 425 million euros ($578 million) in its vehicle manufacturing plant in Valencia, eastern Spain.

The investment secures the future of the Almussafes plant until 2013, Ford said.

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