At the end of the 1990s, Ford decided to build a new car factory in the Brazilian state of Rio Grande do Sul. However, the automaker changed its mind shortly after and went for the state of Bahia instead.
Selecting the new location for the facility set the basis of a lawsuit, filed by the local authorities of Rio Grande do Sul against the automaker.
After 17 years, the two parties have, according to Reuters, reached a settlement, which sees the company paying 217 million reais ($61,9 million) in compensation. The money will be used by the country’s southernmost state to help pay state employees.