Ford plans to close engine plant in Michigan as part of UAW deal

WASHINGTON (Reuters) - Ford Motor Co plans to close an engine plant in Romeo, Michigan as part of a tentative agreement with the United Auto Workers union for a new four-year contract, a source told Reuters Thursday.The 600 hourly workers at the plant will be offered jobs at a nearby transmission plant or buyouts, a source said. The UAW said Wednesday the Ford deal "secured over $6 billion (£4.6 billion) in major product investments in American facilities, creating and retaining over 8,500..