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Ford is investing $2.5 billion USD in new engine and transmission
plants in the Mexican states of Chihuahua and Guanajuato, respectively
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Approximately 3,800 direct jobs will be generated through three
projects – a new engine plant in Chihuahua, expansion of Ford’s I-4
and diesel engine lines in Chihuahua and a new transmission plant –
Ford’s first in Mexico – in Guanajuato
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The investment is part of the company’s One Ford plan, which
emphasizes global competitiveness. The news comes as Ford celebrates
its 90th year in Mexico
Company Website:
http://corporate.ford.com/
MEXICO CITY -- (Business Wire)
Further building its lineup of increasingly fuel-efficient engines and
transmissions, Ford today announced a $2.5 billion investment in two new
facilities building a new generation of engines and transmissions in the
states of Chihuahua and Guanjuato, respectively.
The investment, which comes during the celebration of Ford’s 90th
anniversary in the country, will bring 3,800 direct new jobs plus
additional indirect jobs to Mexico. Ford officials announced the
investment today during a ceremony with Mexican President Enrique Peña
Nieto and other members of the country’s Federal Government.
“Ford is making a significant commitment to our business in Mexico with
investment in two new facilities, while aiming to make our vehicles even
more fuel-efficient with a new generation of engines and transmissions
our team in Mexico will build,” said Joe Hinrichs, Ford’s President of
The Americas. “These new engines and transmissions will help deliver
even better driving experiences and fuel economy gains for customers
around the world.”
The new engine facility is being built within Ford’s Chihuahua Engine
Plant, where the company will produce a new gasoline-powered engine.
This $1.1 billion investment and 1,300 new jobs will allow Ford to
export engines to the U.S., Canada, South America and the Asia-Pacific
region, supporting the company’s growing small car lineup.
An additional $200 million dollar investment as well as the creation of
500 more new jobs is tied to the expansion of Ford’s current I-4 and
Diesel engines production in Chihuahua. As a result of these
investments, the Ford Engine Plant in Chihuahua will become the biggest
engine plant in Mexico.
In addition, Ford is building a new transmission plant within the
premises of transmission supplier and longtime partner Getrag, which is
based in the City of Irapuato in the State of Guanajuato. This $1.2
billion investment brings approximately 2,000 new jobs.
This new plant – Ford’s first transmission facility in Mexico – will
produce two all-new automatic transmissions for key products primarily
in South America, Europe and Asia Pacific as well as other North
American markets.
“Today’s announcement is an important milestone in Ford’s 90-year
history in Mexico,” said Gabriel Lopez, Ford of Mexico’s president and
CEO. “Currently within Ford, Mexico is the fourth vehicle producer, the
fourth largest engine producer and is the second largest nation
supplying Ford’s global manufacturing facilities. We look forward to
delivering even more great products, including new engines and now
transmissions, to serve Ford customers around the world.”
Ford has 11,300 employees in Mexico. The Ford Fiesta, Fusion and Lincoln
MKZ as well as the hybrid versions of both are manufactured in Mexico.
Ford also has established an Engineering Center in Mexico, which employs
more than 1,100 engineers who support global projects.
About Ford Motor Company
Ford
Motor Company, a global automotive industry leader based in
Dearborn, Michigan, manufactures or distributes automobiles across six
continents. With about 187,000 employees and 62 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.
About Ford of Mexico
Ford of Mexico began operations in 1925 and has Stamping and Assembly
Plants in Hermosillo and Cuautitlan, as well as Engine Plants I and II
in Chihuahua, in addition to its headquarters established Mexico City.
In Mexico Ford manufactures the following vehicles: Ford Fiesta, Ford
Fusion and Lincoln MKZ, including the hybrid versions of the last two.
The manufacturing strategy also incorporates the assembly and production
of engines such as Duratec I-4 (2.0- and 2.5-liter) and Power Stroke
Diesel 6.7-literL V8 and diesel 4.4-liter. The brands that form the
Mexican group include Ford and Lincoln.
For news releases, related materials and high-resolution photos and
video, visit www.media.ford.com.
Contacts:
Ford Mexico
Julieta Melendez
+5215530451262
jmelend4@ford.com
or
Ford
Mexico
Daphne González
+5215516812145
daphne.gonzalez@bm.com
or
Ford
Mexico
Daniela Mirassou
+5215527227333
daniela.mirassou@bm.com
Source: Ford Motor Company
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