Ford Celebrates Major Investment In Michigan Manufacturing Plants
* Ford’s product-led turnaround includes investment in flexible manufacturing and advanced powertrain technology at six Michigan plants.
* Investment will help Ford grow its small-car lineup, produce fuel-efficient powertrains, fortify truck leadership.
* Investment made in partnership with Michigan Economic Development Corporation and local communities.
Dearborn, Mich., Jan. 9, 2007 - Ford Motor Company today announced investments totaling $866 million in six Southeastern Michigan plants.
The investments in flexible manufacturing and advanced powertrain production will help the company grow its small-car lineup, produce more fuel-efficient transmissions, and fortify its worldwide truck leadership position.
“Our turnaround in North America and our return to profitability is based on strategic investment, not just cost cutting,” said Mark Fields, president, The Americas, Ford Motor Company. “With this investment, we’re expanding our commitment to small cars, producing fuel-efficient powertrains and fortifying our truck leadership.”
In August 2006, Ford announced its intention to invest up to $1 billion in its Michigan facilities. These investments, which represent the first part of that commitment, are supported by a Michigan Economic Development Corporation incentive package of $151 million. In addition, the state and local communities are considering additional property tax abatements.
“The state is pleased to partner with one of our major auto manufacturers to provide the leadership and creativity that will retain jobs in Michigan,” Governor Jennifer M. Granholm said. “Ford’s commitment to flexible manufacturing, designing and producing the vehicles that people want and solidifying their market leadership in truck manufacturing bodes well for Michigan’s economy in the immediate future.”
The investments are as follows:
* Wayne Stamping and Assembly Plant received $130 million for tooling and equipment to build the all-new 2008 Ford Focus, which has been redesigned inside and out.
* Van Dyke Transmission Plant received $320 million to install a flexible machining line to assemble a fuel-efficient, high performance 6-speed, front-wheel drive transmission for the next generation Ford Escape.
* Livonia Transmission Plant received $88 million to install flexible tooling to increase its production of a fuel-efficient, high performance 6-speed, rear-wheel drive transmission for the 2009 Ford F-150.
* Woodhaven Stamping Plant received $89 million for new dies and subassembly equipment to stamp parts for the 2009 Ford F-150.
* Dearborn Stamping Plant received $31 million for new dies and subassembly equipment to stamp doors and hoods for the 2009 Ford F-150.
* Dearborn Truck Plant received $208 million to install additional tooling and equipment to build the 2009 Ford F-150. Additionally, the investment will be used to convert Ford’s historic Glass Plant on the Rouge site into a training center for the launch of the all-new pickup.
“With these investments and a focused and committed workforce, we stand ready to deliver the cars and trucks that people want,” said Joseph Hinrichs, vice president, North America Manufacturing. “We’re solidifying our manufacturing base and positioning ourselves for future growth.”
Ford Motor Company, a global automotive industry leader based in Dearborn, Mich., manufactures and distributes automobiles in 200 markets across six continents. With nearly 325,000 employees and 110 plants worldwide, the company’s core and affiliated automotive brands include Aston Martin, Ford, Jaguar, Land Rover, Lincoln, Mazda, Mercury and Volvo. Its automotive-related services include Ford Motor Credit Company and Hertz. For more information regarding Ford’s products, please visit www.fordvehicles.com.
- Contact Information
- Jim Cain
- Manager, North American Marketing and Sales Communications
- Ford Motor Company
- Contact via E-mail
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