Ford Is Investing More Than $773 Million Across Southeast Michigan
Manufacturing Facilities to Support Growth
DEARBORN, Mich., Dec. 27, 2012
DEARBORN, Mich., Dec. 27, 2012 /PRNewswire/ --
oFord is spending more than $773 million on new equipment and capacity
expansions across six manufacturing facilities in southeast Michigan as it
delivers on a commitment to invest $6.2 billion in U.S. plants by 2015.
oThe investments in Michigan will create 2,350 new hourly jobs and allow
the company to retain an additional 3,240 hourly jobs.
oOver the next six months, Ford will upgrade stamping operations at
Michigan Assembly Plant and Dearborn Stamping Plant, as well as finalize
work at Flat Rock Assembly Plant to produce the new Fusion
Ford Motor Company (NYSE:F)is spending more than $773 million on new
equipment and capacity expansions across six manufacturing facilities in
southeast Michigan as it delivers on a commitment to invest $6.2 billion in
U.S. plants by 2015.
The investments in Michigan will create 2,350 new hourly jobs and allow the
company to retain an additional 3,240 hourly jobs. The 2,350 new positions are
part of the 12,000 hourly jobs that Ford is adding across the U.S. by 2015.
"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."
Expansion work at several plants started earlier this year to increase Ford's
capacity to provide transmissions and axles to support growing demand for fuel
efficient vehicles and F-Series pickup trucks.
In addition, over the next six months Ford will bring a new stamping press on
line at Michigan Assembly Plant; install equipment for four new stamping
presses at Dearborn Stamping Plant; and finish expansion work at Flat Rock
Assembly Plant to produce the new Fusion next year.
Specifically, Ford is making investments at the following locations:
oMichigan Assembly Plant - $59.4 million for stamping press line expansion
oDearborn Stamping Plant - $305 million for plant modernization, new press
lines, scrap conveyor system and other machinery and equipment
oFlat Rock Assembly - $161 million for machinery and equipment to assemble
the new Ford Fusion and as an additional production facility
oSterling Axle Plant - $86 million for machinery and equipment investment
to meet axle demand increase and future model changes
oVan Dyke Transmission - $87.7 million for machinery and equipment
investment to meet capacity expansions for 6F35 and 6F50 transmissions
oLivonia Transmission - $74.7 million for machinery and equipment
investment for transmission expansion and test equipment
About Ford Motor Company
Ford Motor Company, a global automotive industry leader based in Dearborn,
Mich., manufactures or distributes automobiles across six continents. With
about 172,000 employees and 65 plants worldwide, the company's automotive
brands include Ford and Lincoln. The company provides financial services
through Ford Motor Credit Company. For more information regarding Ford and its
products worldwide, please visit http://corporate.ford.com.
SOURCE Ford Motor Company
Contact: Todd Nissen, +1-313-322-4898, email@example.com
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