Log in to your IBTimes Account

close
ID
Password

Ford, Dow execs to announce national summit in '09



By AP
22 September 2008 @ 08:51 am EST

DETROIT - Amid the turmoil on Wall Street, leaders from two global companies hard hit by economic and industrial upheavals were expected to unveil plans Monday for a national convention being held next year to discuss the future of manufacturing, technology, energy and the environment.

Related Topic

Get stories by e-mail on this topic.

E-mail:
Quotes
F 2.66 -0.19
DOW 18.32 -0.53
GM 4.11 -0.79
IBM 77.44 -3.23
MOT 4.32 -0.05
MAS 9.93 0.56

SYMBOL LOOKUP

Ford Motor Co. Executive Chairman Bill Ford and Dow Chemical Co. Chairman and Chief Executive Andrew Liveris were scheduled to announce The National Summit after the Detroit Economic Club meeting Monday. The nonpartisan, nonprofit group is convening the summit, which is set for June 15-17 at Ford Field, the home of the Detroit Lions.

Beth Chappell, the economic club's CEO, said the idea grew out of listening to leaders who have addressed the venerable speakers' forum during the past couple years.

"So many speakers from the platform have this call to action ... and the themes--technology, energy, environment and manufacturing--kept coming up over and over again," she said.

"This is not about Detroit, this is not about Michigan and this is not about automotive. It's cross-country and cross-industry."

Ford and Liveris will serve as the summit's co-chairmen. Ford is the economic club's outgoing chairman, and General Motors Corp. Chairman and CEO Rick Wagoner succeeds him on Monday.

Organizers hope the first-of-its kind U.S. gathering, which they say has received sponsorship pledges of more than $2 million from more than 50 organizations, will draw as many as 5,000 leaders and others from business, government and academia.

The speaker lineup hasn't been announced, but companies planning to take part include GM, Chrysler LLC, IBM Corp., AT&T, Motorola Inc., Deloitte LLP and Masco Corp.

Liveris, who is scheduled to give Monday's keynote address to the economic club about the need for a national, comprehensive industrial policy, has been vocal about industry troubles and the effect on the Midland-based company he leads. Dow this year has announced two sets of wide-ranging price increases in an attempt to offset record costs for energy and raw materials.

In May, Liveris took the unusual step of directing blame at the nation's energy policy makers.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

    Click!
  • Rate this article:

Comments

Post Your Comment

You must be an IBTimes member to post a comment. Login | Register


advertisement
More Industries
Retailers who suffered through a miserable November--despite a surge in sales the day after Thanksgiving--are worried that the usual lull between the hol...
Rates on 30-year mortgages plunged this week to the lowest level since January after the government launched a sweeping new effort to aid the U.S. housin...
Smithfield Foods Inc. on Thursday reported a 76 percent drop in its fiscal second-quarter earnings due to high grain prices, but its shares soared as the...

Advertisement
Build Business Credit for your company with NO PERSONAL GUARANTEES!

Building your business and corporate credit for your small business.

Los angeles web design

Get your next web design project done with our los angeles web design team - Best web design with great price.

Reach emerging Latin American markets!

Baldwin Linguas:
Translations Interpreting Localization:
English French Portuguese Spanish

advertisement
 
IBTimes.com Web
Partners
International Business Times© 2008 The Ibtimes Company. All Rights Reserved. Terms of service | Privacy Policy | Advertising | About Us | Contact Us | Archives