TITLE

Moody's Outlines Ways Cities Can Weather Ford Closings

AUTHOR(S)
Carvlin, Elizabeth
PUB. DATE
February 2006
SOURCE
Bond Buyer;2/1/2006, Vol. 355 Issue 32310, p3
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that Moody's Investors Service has given characteristics that could help local communities mitigate the impact of the plan of Ford Motor Co. to close plants by 2008 in the United States. The closures could affect the long-term ratings of communities. These loss of revenues generated by the plants would be replaced by property taxes.
ACCESSION #
19752277

 

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