Ford ties $11.1 billion global investment to southeast Michigan

Michigan
Auto Show Ford_356234

Ford announced plans to expand production for the next-generation battery electric vehicles at the Flat Rock Assembly plant in southest Michigan. The plant ties the companies $11.1 billion investment in global electric vehicles as the home for production in building battery electrics.

“We’ve taken a fresh look at the growth rates of electrified vehicles and know we need to protect additional production capacity given our accelerated plans for fully electric vehicles,” said Joe Hinrichs, Ford’s president, Global Operations. “This is good news for the future of southeast Michigan, delivering more good-paying manufacturing jobs.”

Through this new plan, Ford is hoping to invest more than $850 million in the Flat Rock Assembly Plant through 2023 by adding a second shift. The plant investment also includes funding to build the next-generation Mustang and is part of a $900 million investment in Ford’s operations in southeastern Michigan.

The company also announced it will complete Ford’s first autonomous vehicles at a new AV manufacturing center in southeast Michigan. Production of Ford’s first autonomous vehicles will begin in 2021 for commercial services like public transportation and moving goods.

“As we ramp up AV production, this plan allows us to adjust our investment spending to accommodate the pace of growth of this exciting new technology,” Hinrichs said. “This new plan combines our core strength in mass manufacturing with the agility and leanness we’ve shown with our modification centers for specialty manufacturing.”

All of the moves are part of the company’s commitment to continuously find ways to boost its global competitiveness.

“We continue driving to find new and better ways to boost our fitness as a company and one of the world’s leading manufacturers,” Hinrichs said. “Working together with our employees, union partners and government officials around the world, we are continuing to unlock new solutions to deliver world-class vehicles people want and value even more efficiently.”

Copyright 2019 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Michigan Headlines

More Michigan

StormTracker 6 Radar