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FORD CHAIRMAN CALLS MANUFACTURING CRITICAL

 FORD CHAIRMAN CALLS MANUFACTURING CRITICAL
 DETROIT, Aug. 25 /PRNewswire/ -- The United States must take


measures to ensure a healthy and growing manufacturing base or risk its status as a leading economic power, Harold A. "Red" Poling, chairman and chief executive officer of Ford Motor Company (NYSE: F), said today.
 "The decline of key industries should be a major concern for all of us because it's a clear and present danger to the prosperity and well- being of this country," Mr. Poling told industry representatives attending the Automotive Industry Action Group (AIAG) annual supplier conference.
 AIAG is an organization formed 10 years ago by automakers and suppliers to jointly improve quality and productivity in the industry in non-competitive areas of the business.
 "Manufacturing is the leading generator of our nation's growth in productivity," Mr. Poling said. He also noted that manufacturing provides higher-quality, better-paying jobs; creates employment in other sectors; and accounts for virtually all private-sector expenditures for research and development, driving and supporting this country's progress in technology.
 The U.S. auto industry is of particular importance because of its enormous impact on the economy, Mr. Poling said. Car and truck purchases represent about 4.5 percent of the total U.S. gross domestic product, and the industry's vehicle manufacturers, suppliers and dealers employ more than 2 million Americans.
 While the primary responsibility for manufacturing vitality rests with American industry, the U.S. government must join forces with the private sector and commit to a policy environment supportive of industrial competitiveness, Mr. Poling said. "Other major industrialized nations understand the value and importance of such cooperative effort. And it's essential that we, too, come to recognize it," Mr. Poling said.
 He stressed trade and chronic imbalances with Japan as one area of particular concern, noting that the U.S. market is generally the most open in the world, while Japan's is, effectively, the most closed. Mr. Poling called for balanced and equitable trade, saying that the world trading system cannot survive if one country seeks growth at the expense of another.
 -0- 8/25/92
 /CONTACT: Terry Bresnihan of Ford Motor Company, 313-322-9600/
 (F) CO: Ford Motor Company; Automotive Industry Action Group ST: Michigan IN: AUT SU:


DH -- DE020 -- 3057 08/25/92 13:05 EDT
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Publication:PR Newswire
Date:Aug 25, 1992
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