Ford investing $6.2 billion, creating 12,000 new jobs by 2015 - NBC News
Paul A. Eisenstein , The Detroit Bureau
5 hours ago
Ford Motor Co. plans to invest $6.2 billion to expand its U.S. manufacturing base, a move that will help it save 3,240 existing jobs and add another 12,000 positions by 2015.
A large chunk of the investment will go into the maker’s home state of Michigan, which will see the addition of 2,350 new jobs.
“These investments, many of which are already under way, will ensure our southeast Michigan manufacturing facilities can support our aggressive growth plans,” said Jim Tetreault, the Ford vice president in charge of North American manufacturing.
The plan will cover an array of component as well as assembly plants. In the Detroit area, that includes an axle plant, a stamping facility and two assembly lines. The Michigan Assembly Plant has become the home base for an array of high-mileage models including the new Ford Focus Electric battery car.