Ford Motor Company Supporting Minority Suppliers

Ford Motor Company (NYSE:F) has set a new record in purchasing goods from minority suppliers.

Ford Motor Company Supporting Minority Suppliers

Reports say that the US based auto maker giant Ford Motor Company (NYSE:F) purchased a record $5.08 billion and $1.06 billion in goods and services from U.S. minority- and women-owned business enterprises in 2011.

Tony Brown, Ford group vice president for Global Purchasing said, “Our commitment to minority suppliers remains a top priority. At Ford, we believe a diverse supply base provides an opportunity to gain a competitive advantage in a constantly changing multicultural global economy.”

Ford Motor Company (NYSE:F) shares are currently standing at 10.41.

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