Tuesday, October 26, 2010

Ford to Invest in Production of Fuel Efficient Vehicles

Ford has announced their plan to invest $850 million in Michigan to aid with engineering and building new fuel efficient vehicles:

•Ford will invest an incremental $850 million in Michigan between 2011 and 2013 as part of its competitive plan to engineer and manufacture even more fuel-efficient vehicles and fuel-saving technologies in the state


•Among other projects, Ford will expand manufacturing capabilities for new, fuel-efficient six-speed transmissions. New investments support up to 1,200 new full-time manufacturing and engineering positions in Michigan

•To help enable this investment plan, Ford has worked with the State of Michigan on job retention tax incentives that contribute to the state’s overall manufacturing competitiveness

“Fuel economy and technology are consumers’ biggest priorities – and we have made them Ford’s as well,” said Mark Fields, Ford’s president of The Americas. “We are pleased to work with state and local government leaders to find new ways to work together, invest in our people as well as Ford facilities, further improve our competitiveness and secure jobs in Michigan.”


Ford’s investment will generate up to 1,200 new full-time positions in manufacturing and engineering operations in Michigan by 2013. The company expects approximately 900 jobs will be hourly positions in its Michigan manufacturing facilities and the remaining 300 will be salaried positions within its engineering and manufacturing operations.

Read entire article here.

Learn more about Ford's commitment to promoting fuel efficient vehicles at Lakewood Fordland.

0 comments:

Post a Comment

Labels