The American automaker will invest $1.2 billion in three Michigan factories.
Ford has announced it is investing $850 million in Michigan Assembly Plants to retool the plant for the all-new Ford Ranger and Ford Bronco. Production of the Ranger is expected to begin at the end of 2018, with the Bronco following in 2020. There will also be a $150-million investment to expand capacity for engine components for several vehicles, including the new Ranger and Bronco at Ford’s Romeo Engine Plant in Michigan. That investment will create or retain 130 jobs.
To support the automaker’s expansion to an auto and mobility company, Ford will invest $200 million for an advanced data center. It will be the second of two new data centers Ford is building in Michigan and will be located at Ford’s Flat Rock Assembly Plant, where the company has already announced a $700-million investment and 700 direct new jobs.
SEE ALSO: Ford Turns its Attention Back to US Manufacturing, Dumps Plans for Mexico Plant
In the past three months alone, Ford has announced $1.9 billion in new investments in Michigan. Over the last five years, the company has invested $12 billion in its U.S. plants and created a total of nearly 28,000 U.S. jobs.
“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.”
Big announcement by Ford today. Major investment to be made in three Michigan plants. Car companies coming back to U.S. JOBS! JOBS! JOBS!
— Donald J. Trump (@realDonaldTrump) March 28, 2017