Good news from FORD

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Always liked Ford - driven their trucks, currently own one of their vans. From The Detroit News:

Ford gets incentives to invest $1.5 billion in Metro Detroit, add 3,000 jobs
Ford Motor Co. CEO Jim Hackett's vision for a mobility corridor stretching along Michigan Avenue from Detroit's Corktown neighborhood to Ann Arbor is growing to include the production of future vehicles.

The Dearborn automaker on Tuesday received approval for up to $35.3 million in incentives from the state of Michigan to invest more than $1.45 billion in Wayne County manufacturing facilities that would add 3,000 jobs — a piece of the $6 billion, 8,500-job commitment Ford made in its contract with the United Auto Workers ratified last month.

The investments into the manufacturing of new vehicles, including the Ford Bronco SUV, autonomous and electric vehicles — and their battery packs — will complement research being done in those sectors at Ford's future Corktown campus anchored by Michigan Central Station and its Dearborn headquarters, which is set for a redesign, officials said.

"This solidifies Ford’s presence in Michigan for both the electrification of their future vehicles as well as their autonomous vehicle operations," said Jeff Mason, CEO of the Michigan Economic Development Corp., whose governing body approved the state incentives. "We think it was critical to make Michigan the center of that."

FORD was the one manufacturer to not take the Obama government bailouts. They are a well-run company and make a good product and were not in need of them. Love my Highlander but I think my next vehicle will be an Explorer.

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This page contains a single entry by DaveH published on December 18, 2019 4:28 PM.

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