As part of its commitment to expand its engineering and manufacturing base, Ford will invest an additional $850million in Michigan from 2011-2013.
The investment intends to generate up to 1,200 new full-time positions by 2013 with around 900 jobs to be hourly positions and the remaining 300 to be salaried positions. The intention is to upgrade the state’s facilities and improve vehicle fuel economy.
Ford has been working with the Michigan investment commitment on a new Michigan Economic Growth Authority (MEGA) package to replace existing state incentives and make the state more competitive in fuel-saving technologies and facilities.
When approved, Ford will invest the $850million across plants including Van Dyke Transmission, Livonia Transmission, Dearborn Truck Plant and Sterling Axle. A sizeable part of its investment will go towards engineering and production of the new Ford vehicles that will be built at the Livonia and Van Dyke plants. By 2013, it is hoped that 100 per cent of Ford’s vehicles will include six-speed transmissions in an effort to be among the leaders in fuel economy performance in all vehicle segments.
