Earlier this week, Ford announced a $1.2 billion investment in three of its Michigan plants. The staggering investment is expected to create and retain jobs here in the United States.
According to a press release, Ford plans to invest:
- $850 million in the Wayne assembly plant.
- $200 million in the Flat Rock data advancement center.
- $150 million in the Romeo engine plant.
The investment in the Wayne assembly plant is slated to aid in the rebirth of Ford’s classic Ranger and Bronco, to begin production in 2018 and 2020, respectively. To make room for the new models, Ford will outsource production of the Focus sedan to Mexico.
By placing so much support behind the Wayne assembly plant, Ford secured around 3600 American jobs.
In Romeo, Ford plans to “create or retain” 130 jobs, something which President Trump has not hesitated to show his excitement about. This is a far cry from Trump’s opinions of the American automaker just 6 months ago, when he criticized Ford for manufacturing vehicles in Mexico.
The $200 million investment in the data advancement center will further Ford’s efforts to become one of the leading automakers in the electric and autonomous car fields.
“At Ford, we are investing aggressively in building on our strengths today. . . while at the same time growing our leadership in electrification, autonomy, and mobility services,” Joe Hinrichs, Ford president for the Americas, said. “As America’s top producer of automobiles, we are proud to be going even further in our commitment to invest in manufacturing here at home.”