Ford to invest $1.2 billion in Michigan plants
Ford Motor Company will invest US$1.2 billion in three Michigan factories, including US$850 million at its Michigan Assembly plant to make the new Ford Ranger and Ford Bronco.
The Dearborn, Mich.-based automaker’s investment includes plans to add 130 new jobs at its engine plant in Romeo, where it will spend US$150 million to expand capacity so it can make engine components for the Ranger and Bronco. In addition, Ford said it will spend US$200 million to build a new advanced data centre in adjacent to its assembly plant in Flat Rock.
Workers at its assembly plant in Wayne, Michigan, will start making the Ranger in 2018 and Bronco in 2020, Ford said in a statement.
The investments are part of a 2015 contract between the Ford and United Auto Workers in which the company agreed to invest US$9 billion and create or retain 8,500 jobs through 2019.