DEARBORN, Mich. - Ford has announced a $350 million investment in its Livonia Transmission Plant to support production of a new transmission.
Ford says the investment will create or retain 800 jobs. The company expects to begin adding jobs late this year, with more coming next year and in 2019.
“We remain committed to American manufacturing and investing in our people and facilities,” said Joe Hinrichs, Ford president, The Americas. “Even as the industry’s largest employer of hourly workers in the United States and biggest producer of American-made vehicles, we believe it is important to continue investing right here in our home market.”
In the past four months alone, Ford has announced more than $2.25 billion in new investments in Michigan. The company has invested $12 billion in its U.S. plants and created a total of nearly 28,000 U.S. jobs during the last five years.
Earlier this week, Ford announced a cut to 10 percent of its global workforce.
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