Economic Contribution of the Ford Motor Company Michigan Assembly Plant to the Michigan Economy
New study highlights employment and economic contributions of Ford’s Michigan Assembly Plant and its suppliers to the Michigan and U.S. economies
Ann Arbor, Mich. – A newly-released report by the Center for Automotive Research (CAR), a nonprofit research organization based in Ann Arbor, Michigan, calculates the substantial economic impact a single assembly plant has on the state and national economies and showcases an important example of the value of the automotive industry overall.
The report also highlights the plant’s importance to the state’s supplier network. Michigan Assembly Plant (MAP), in Wayne, Michigan, which employs approximately 5,000 people at the plant, supports more than 24,000 total jobs in the state; with employees earning wages of $1.8 billion annually. The plant purchases more than $1 billion in parts from Michigan-based supplier companies, and through its operations contributes $3 billion to the State Gross Product. Further, the MAP makes a considerable contribution to the national economy by supporting over 48,000 jobs across the country with $3.6 billion in wages.
“Michigan Assembly Plant has a significant impact on the state’s economy, and also supports an extensive supply chain in Michigan providing profitable opportunities for small businesses,” said Kim Hill, director of the Sustainability and Economic Development Strategies group at CAR, and the study’s lead. “This plant provides a case study in the breadth of the supply chain supported by automobile manufacturing.”
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