(Just The News)—A Chinese company appears to be in charge of hiring workers for Ford’s new battery plant in Michigan, contradicting the company’s statements that it will be an American-owned and operated project, and amplifying concerns from locals about potential national security implications.
The plant has generated significant controversy because of Ford’s partnership with China-based Contemporary Amperex Technology Limited, known as CATL, which closely collaborates with the Chinese military and government. The U.S. Defense Department earlier this year marked CATL as a Chinese Military Company to warn American firms about the risks of doing business.
Despite the security concerns about its partner, Ford has promised that the battery manufacturing facility, which the company says will help it develop a reliable U.S.-based supply of electric vehicle batteries in Marshall, Michigan, would be completely owned and operated by the American firm. The only contribution from CATL, the company has said, will be Ford’s licensing of its proprietary battery technology.
Who is running the show?
At the same time, online job listings on multiple recruiting platforms show that CATL’s American subsidiary—Contemporary Amperex Technology Kentucky (CATK)—has posted job listings for roles at the factory, seemingly contradicting Ford’s assurances and revealing a far more active role in management by the Chinese company.
The concerns about the plant follow previous public backlash in Michigan regarding another battery plant, this one set to be operated by China-based manufacturer Gotion, which has signed a development agreement with a local township for its own facility. Gotion’s ties to the Chinese Communist Party pushed newly elected board members to rescind the deal and allege the Chinese firm had provided inducements to encourage the original approval.
- Read More: justthenews.com
Why the National Debt Is the Looming Threat to Your Retirement Plans
The Hidden Crisis No One Is Talking About
Every day, headlines warn about inflation, market volatility, and global instability—but the greatest looming threat to your retirement might be something far more fundamental: America’s skyrocketing national debt.
You can learn more about how the national debt affects you by reading this 3-minute report titled, “Debt Will Hit $40T in 2026: Prepare Your Retirement Now“.
With debt growing faster than most Americans can possibly fathom, the government’s borrowing habits have reached historic—and dangerous—levels. To cover spending, Washington is making moves with their budget packages, tariffs, and taxes. Is it enough? No. It’s not even close to what would be necessary to stop out-of-control debt, let alone reverse it.
How Debt Erodes Your Nest Egg
There are only so many levers government and the Federal Reserve can pull to try to protect Americans, assuming that’s even a top priority for them. Unfortunately, pulling one level to relive one pressure invariably adds pressure from another direction. This is why prices keep going up even as inflation reportedly slows.
For retirees and pre-retirees, that’s a perfect storm. The dollars you’ve worked hard to save lose value, and your cost of living increases while your investments lag behind.
If you’re relying solely on paper-based assets—stocks, bonds, or mutual funds—you’re essentially tied to the same system that’s creating the problem. It’s a system that was designed to work well in the 20th century, not in today’s world with people living longer and the dollar rapidly losing value.
This is why the 3-minute report, “Debt Will Hit $40T in 2026: Prepare Your Retirement Now,” is so important.
The Precious Metals Hedge
Thousands of Americans are looking for a tangible, time-tested hedge: physical gold and silver.
Unlike paper assets, precious metals aren’t dependent on government policy or the stock market’s mood swings. They’re real, finite resources that have maintained value for thousands of years through wars, recessions, and inflationary periods.
In fact, during times of high inflation and fiscal instability, gold often performs its best—because it’s seen as a store of value when faith in the dollar weakens. This is why prices have skyrocketed this year and are expected by many economists to continue going up in the future.
Take Control with a Gold IRA
One of the most effective ways to protect your retirement from national debt fallout is through a self-directed Gold IRA. This IRS-approved account lets you hold physical gold and silver within your retirement portfolio, giving you:
- Direct ownership of your assets
- A hedge against inflation and dollar decline
- The control to diversify beyond Wall Street
Augusta Precious Metals specializes in helping Americans just like you take this step with confidence. The company has earned a strong reputation for transparency, education, and personalized service—making it one of the most trusted names in the industry.
The Next Step: Secure Your Financial Future
Augusta Precious Metals has helped thousands of Americans with at least $50,000 to invest from their IRAs, 401(K)s, TSPs, and other retirement accounts safeguard their savings through precious metals.
If you’re concerned about what the rising national debt could mean for your future, now is the time to act.
Read this 3-minute report titled, “Debt Will Hit $40T in 2026: Prepare Your Retirement Now“ and learn the simple steps you can take to protect your retirement.