Ford will spend more than $773 million in six plants in Michigan, part of its plan to invest $6.2 billion in U.S. plants by 2015.
According to Ford the money will be used for capacity expansions and new equipment at 6 manufacturing facilities located in southeast Michigan. The investment will create 2, 350 new hourly jobs, and help the company keep other 3,240 hourly jobs. Ford plans by 2015 to add 12,000 hourly jobs across the US.
“Even as we wrap up an incredibly busy year of capacity expansions and product launches, we are continuing to look to the future,” said Jim Tetreault, Ford vice president of North America Manufacturing. “These investments, many of which are already under way, will ensure our southeast Michigan manufacturing facilities can support our aggressive growth plans.”
Ford began to expand work at several facilities earlier this year in order to increase the company’s production of transmissions and axles as demand for fuel efficient vehicles and F-Series pickup trucks is continuously increasing.
The Michigan Assembly Plant will get $59.4 million for stamping press line expansion, the Livonia Transmission will get $74.7 million for test equipment and transmission expansion, the Dearborn Stamping Plant will receive -$305 million for new press lines, modernization, scrap conveyor system and other equipment, the Van Dyke Transmission will get $87.7 million to expand capacity for the 6F35 and 6F50 transmissions, the Flat Rock Assembly will have $161 million for new equipment necessary for the new Ford Fusion production and the Sterling Axle Plant will receive $86 million to meet the axle demand increase.