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Ford Motor Company is investing $350 million in the Livonia Transmission Plant. The move will help Ford expand their lineup of fuel-efficient powertrains while fortifying core automotive business, according to a press release from the automaker. In addition, Ford will create or retain 800 hourly jobs to support new transmission production.
“We remain committed to American manufacturing and investing in our people and facilities,” said Joe Hinrichs, Ford President, The Americas.
Continued Commitment
Ford has invested $12 billion in its U.S. plants, creating nearly 28,000 American jobs in the last five years. Closer to home, Ford has, in the last four months, announced more than $2.25 billion in new investments for their Michigan operations. At the Livonia Transmission Plant, where Ford’s latest investment is focused, jobs will be added later this year, with the majority coming in 2019. Last year, the plant received $1.5 billion to support the new 10-speed transmission found in the 2017 F-150 Raptor and other F-150 models. As a result, 500 hourly jobs were created or retained. “Even as the industry?s largest employer of hourly workers in the United States and biggest producer of American-made vehicles, we believe it is important to continue investing right here in our home market,” Hinrichs said.
Photo: Ford Motor Company.
Forging Bonds
According to Ford, the investments are supported by st...