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Ford, P&G issue earnings reports


August 22. 2013 10:56PM
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LIMA — Two of the region’s top employers, Ford Motor Co. and Procter & Gamble, posted strong earnings reports Wednesday.



P&G, which has a laundry detergent plant in Bath Township, reported net income of $2.57 billion for the quarter. Ford Motor Co., which has an engine plant in Bath Township, reported net income of $1.6 billion for the quarter.



Ford used record earnings in its North American division to drive the earnings. The North America pre-tax profit was $2.4 billion — the highest quarterly profit since at least 2000, when the company began reflecting the region as a separate business unit.



Read more about this story in Thursday's The Lima News.





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