[GRRN] Ford

RecycleWorlds (anderson@msn.fullfeed.com)
Tue, 27 Apr 1999 08:42:59 -0500


"Ford gets into recycling business
DEARBORN, Mich. (AP) - Ford Motor Co. is opening up a chain of used auto
parts centers, but don't call them junkyards. Ford said Monday its auto
parts recycling centers will have computerized inventories and shipping
systems designed to cut costs and reduce the time customers have to wait to
get their car or truck repaired. Ford said it aims to become the global
leader in recycled parts, creating a business with $1 billion a year in
revenue within a few years. The move by the world's No. 2 automaker could
spur rapid consolidation of the largely family-owned auto junkyard
business. "We're here to revolutionize the industry, to create a Fortune
1000 company from scratch to become a global, environmentally focused
powerhouse," said William Li, the 29-year-old CEO of the new enterprise.
Ford's move is part of its campaign to be seen as the world's most
environmentally sensitive automaker. Li said Ford wants to increase the
amount of a junked car that is recycled to 95% from the cu! rrent average
of 80%, thereby reducing the amount of scrap that goes into dumps. ###"

[Their new Excursion SUV should become a great source of parts!]


Peter Anderson
RecycleWorlds Consulting
4513 Vernon Blvd. Ste. 15
Madison, WI 53705-4964
Phone:(608) 231-1100/Fax: (608) 233-0011