Detroit, Michigan – Ford will invest US$850 million in Michigan between 2011 and 2013 as part of its commitment to grow its engineering and manufacturing employee base, upgrade its facilities in the state and further improve its vehicle fuel economy.
The investment will generate up to 1,200 new full-time positions in manufacturing and engineering operations in Michigan by 2013. The company expects that approximately 900 will be hourly positions in manufacturing facilities, with the remaining 300 as salaried positions within engineering and manufacturing operations.
Ford is making the commitment after working with officials on a new Michigan Economic Growth Authority package that replaces several existing state incentives and makes the state a more competitive place for investing in technologies and facilities. The Michigan Economic Development Council will consider the package this week. Once approved, Ford will allocate the investment across a variety of plants, including Van Dyke Transmission, Sterling Axle, Livonia Transmission and Dearborn Truck Plant.
The new investment commitment builds on $950 million the company previously announced to transform its Michigan Assembly Plant from a large SUV factory to a car plant that will build the new Focus, battery-electric Focus, and next-generation hybrid and plug-in hybrid vehicles, all planned for production at the facility by 2012.