DETROIT, Mich. – Ford Motor Company plans to invest more than $773 million on new equipment and capacity expansions across six U.S. manufacturing plants in southeast Michigan.
Ford said the investments will create 2,350 hourly jobs and allow it to retain another 3,240 hourly jobs. The new jobs are part of the 12,000 Ford previously said it would add or retain in the United States by 2015 under a $6.2 billion deal with the United Auto Workers union.
The work will include $59.4 million to expand the stamping press line at Michigan Assembly, $305 million for plant modernization and new equipment at Dearborn Stamping, and $161 million for new equipment in Flat Rock.
The investments also will include $86 million at Sterling Axle Plant, $87.7 million at Van Dyke Transmission and $74.7 million at Livonia Transmission, all for new equipment.