-
$850 million Michigan Assembly Plant upgrade supports return of Ford
Ranger, Bronco
-
$150 million investment and 130 jobs at Romeo Engine expands capacity
for engine components for several vehicles, including Ranger and Bronco
-
$200 million investment for advanced data center in Michigan supports
Ford’s expansion to an auto and mobility company and expected dramatic
increase in data storage needs
-
Investments are in addition to $700 million and 700 new jobs at Ford’s
Flat Rock, Michigan facility, announced in January, for high-tech
electrified and autonomous vehicles; Ford has announced $1.9 billion
in new investments in Michigan this year
Company Website:
http://corporate.ford.com/
DEARBORN, Mich. -- (Business Wire)
Ford Motor Company is investing $1.2 billion in three Michigan
manufacturing facilities to strengthen its leadership in trucks and SUVs
and support the company’s expansion to an auto and mobility company.
This Smart News Release features multimedia. View the full release here:
http://www.businesswire.com/news/home/20170328005837/en/
Ford Motor Company is investing $1.2 billion in three Michigan manufacturing facilities – Michigan Assembly Plant, Romeo Engine Plant and Flat Rock Assembly Plant – to strengthen its leadership in trucks and SUVs and support the company’s expansion to an auto and mobility company. (Photo: Business Wire)
Ford is investing $850 million in Michigan Assembly Plant to retool the
plant to build the all-new Ford Ranger and Ford Bronco. Employees at
Michigan Assembly Plant will begin building Ranger at the end of 2018
and Bronco in 2020.
The company also plans to create or retain 130 jobs and invest $150
million to expand capacity for engine components for several vehicles,
including Ranger and Bronco, at Romeo Engine Plant in Michigan.
In addition, Ford is investing $200 million for an advanced data center
to support the company’s expansion to an auto and a mobility company. It
is the second of two new data centers Ford is building in Michigan, as
the company expects its data usage to increase 1,000 percent – driven by
manufacturing and business needs and new mobility services, such as more
connected, autonomous and electrified vehicles.
The second new data center will be located at Ford’s Flat Rock Assembly
Plant, where the company is investing
$700 million and adding 700 direct new jobs – announced in January –
to create a factory capable of producing high-tech electrified and
autonomous vehicles.
“At Ford, we are investing aggressively in building on our strengths
today – including trucks, vans, commercial vehicles, performance
vehicles and SUVs – while at the same time growing our leadership in
electrification, autonomy and mobility services,” said Joe Hinrichs,
Ford president, The Americas. “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.”
The company’s investments are supported by Ford’s strong partnership
with the UAW, as well as with federal, state, county and local
governments.
“UAW-Ford is proud of the total investments in three of our Southeast
Michigan assembly and engine plants, which will lead to stronger job
security for our members and continued support for the surrounding
communities,” said UAW-Ford Vice President Jimmy Settles. “Thanks to
collective bargaining, the hard-working men and women at each of these
locations will now reap the full fruits of their labor. We look forward
to celebrating more product investment and job growth at each of our UAW
represented facilities in the months and years to come.”
In the past three months alone, Ford has announced $1.9 billion in new
investments in Michigan. During the past five years, Ford has invested
$12 billion in its U.S. plants and created a total of nearly 28,000 U.S.
jobs.
Ford builds more vehicles in the United States and employs more hourly
U.S. workers than any other automaker.
New Ranger and Bronco at Michigan Assembly
The work to transform Michigan Assembly Plant begins next May. Following
the same pattern used during vehicle changeover at Dearborn Truck Plant
in 2014, Michigan Assembly will take just four weeks to remove and
reinstall the tooling necessary to build the all-new
Ford Ranger and Ford Bronco.
The iconic Ranger and Bronco will further expand Ford’s truck and SUV
leadership in North America – two of the company’s profit pillars.
During the last five years, sales of midsize pickups have grown nearly
50 percent. Many truck buyers want an affordable, functional, rugged and
maneuverable pickup that’s Built Ford Tough. Ranger is built to meet
their needs.
Rugged utilities have been the second fastest-growing SUV segment during
the last five years, making it the time right for Bronco’s return –
especially with its legendary 4x4 off-road capability.
Expanded capacity at Romeo Engine
Romeo Engine Plant produces engines for Ford Super Duty, E-Series, Ford
Shelby GT350 Mustang and Shelby GT350R Mustang, along with components
for F-Series, Mustang, Explorer and Edge. This investment adds capacity
and tooling for components for an additional engine when the plant
begins its transformation in early 2018.
In North America alone, Ford has invested more than $3.8 billion to
develop more than 30 engines since 2009, when the company introduced its
first EcoBoost® engine. Since then, Ford has produced more
than 8 million engines globally with the fuel-saving technology.
Data center supports auto and mobility company expansion
As Ford expands to be both an automotive and mobility company, the
company’s data storage requirements are expected to increase from 13
petabytes today to more than 200 petabytes in 2021. This is especially
true as Ford grows its leadership in connectivity, autonomous vehicles,
electrification and mobility services.
The new data centers are helping Ford create a world-class
infrastructure for storage, processing and integration of this data.
The centers also will increase the ability of Ford’s global data
insights and analytics team to transform the customer experience, enable
new mobility products and services, and help Ford operate more
efficiently.
About Ford Motor Company
Ford
Motor Company is a global automotive and mobility company
based in Dearborn, Michigan. With about 201,000 employees and 62 plants
worldwide, the company’s core business includes designing,
manufacturing, marketing and servicing a full line of Ford cars, trucks
and SUVs, as well as Lincoln luxury vehicles. To expand its business
model, Ford is aggressively pursuing emerging opportunities with
investments in electrification, autonomy and mobility. Ford provides
financial services through Ford Motor Credit Company. For more
information regarding Ford and its products and services, please visit www.corporate.ford.com.
For news releases, related materials and high-resolution photos and
video, visit www.media.ford.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170328005837/en/
Contacts:
Ford Motor Company
Kelli Felker
313.322.1790
kfelker1@ford.com
Source: Ford Motor Company
© 2024 Canjex Publishing Ltd. All rights reserved.