Ford to Invest Additional $850 Million in Michigan to Engineer, Build Fuel-Efficient New Vehicles

[Roland99]

Source: PR Newswire

Ford Motor Company (NYSE: F) today announced plans to invest an additional $850 million in Michigan between 2011 and 2013 as part of the company's commitment to competitively grow its engineering and manufacturing employee base, upgrade its facilities in the state and further improve its vehicle fuel economy.

"Fuel economy and technology are consumers' biggest priorities – and we have made them Ford's as well," said Mark Fields, Ford's president of The Americas. "We are pleased to work with state and local government leaders to find new ways to work together, invest in our people as well as Ford facilities, further improve our competitiveness and secure jobs in Michigan."

Ford's investment will generate up to 1,200 new full-time positions in manufacturing and engineering operations in Michigan by 2013. The company expects approximately 900 jobs will be hourly positions in its Michigan manufacturing facilities and the remaining 300 will be salaried positions within its engineering and manufacturing operations.

Ford is making the Michigan investment commitment after working with officials on a new Michigan Economic Growth Authority (MEGA) package that replaces several existing state incentives and makes Michigan a more competitive place to invest in new fuel-saving technologies and facilities. The Michigan Economic Development Council considers the package this week.

Read more: http://www.prnewswire.com/news-releases/ford-to-invest-additional-850-million-in-michigan-to-engineer-build-fuel-efficient-new-vehicles-105704783.html

[RockaFowler]

1. YEAH

[kysrsoze]

3. Bravo, Ford!

Same goes to Intel. Imagine American companies creating American jobs...

[Blue_Tires]

2. great news!

[livetohike]

4. Great! n/t

[Psephos]

5. Ford deserves serious support from progressives. Buy a Ford if you are in the market.

And give them cred if you are not.

[mdmc]

6. ..

[Roland99]

7. Does Mazda count?

:)


(just did my first real maintenance at 152,250 miles on my Mazda 6...replaced spark plugs)


Oh, well, front brakes were replaced at about 80k miles, too.

[murielm99]

8. I will when the time comes.

And I will buy it in a county that is contiguous with mine. There is a Ford salesman there who is the chairman of the county Democratic party. I have his business card.