The $6 billion in funding promised in Ford Motor Company’s new four-year labor contract is starting to be seen and heard. Having secured a walletful of incentives from the state of Michigan, Ford is now promising about $1.45 billion and 3,000 new jobs for the Southeast Michigan area.
Ford’s cash dump, announced Tuesday, will flow into three facilities in the area, one of which doesn’t yet exist. (Read More…)
Ford Motor Company has announced that it will invest $1.2 billion into three Michigan facilities to strengthen its status among truck and SUVs manufacturers and to further enhance its role as a “mobility company.” Most importantly, the cash is needed if Americans ever want to get their hands on a Bronco or Ranger again.
Many of the investments are included in the automaker’s 2015 promise to pour nine billion dollars into its U.S. plants over the next several years. In an agreement with UAW made almost two years ago, Ford said it would pour $700 million into the Michigan Assembly plant, $150 million into the Romeo Engine plant, and $400 million for Flat Rock Assembly.
While these were not the only locations promised capital, Ford released an official statement that all three would see the promised amount — or better. (Read More…)
Will they, or won’t they? That’s the question nagging the minds of Ford Ranger and Bronco fans as they patiently await an official announcement from the automaker on the models’ return.
The Blue Oval will only confirm that two new products will take the place of the soon-to-depart Focus and C-Max at the Michigan Assembly Plant. However, in response to Republican presidential candidate Donald Trump’s recent comments about Ford, the plant’s UAW chairman identified those products to the Detroit Free Press. (Read More…)
President Barack Obama will be visiting the Ford Michigan Assembly Plant in Wayne, Mich. Wednesday, a plant currently closed due to low demand for both the Focus and C-Max.
In August, Ford Motor Company started production of their mid-sized Fusion sedan at its Flat Rock, Michigan assembly plant, supplementing production in Mexico to keep up with demand.
Ford Motor Company’s Michigan Assembly Plant in Wayne, Michigan will be idled for two weeks to reduce inventories of the Focus and C-Max. The plant will close for a week at the end of this month and then for another week in the middle of December.
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