Ford Invests in Michigan Plants and Jobs

May 24th, 2010 - Posted by Admin

The Michigan car industry will get a boost in the coming years from a hefty investment in Michigan plants. Ford today announced that they are investing $135 million in Michigan plants that they own. They estimate that this will add at least 220 jobs in assemblage and engineering.

Ford’s president of the Americas, Mark Fields, also said on Monday that U.S. auto industry sales were running in the low to mid 11 million-unit annualized rate favored by economists, a double digit increase from May 2009.

Ford, which has said it expects to be solidly profitable in 2010, plans to hire 130 workers at a plant in Sterling Heights, Michigan, to make electric drive transaxles now built in Japan. It will also add 40 positions at a plant in Ypsilanti, Michigan, to make battery packs now assembled in Mexico by suppliers.

The automaker further plans to hire more than 50 electric vehicle engineers in Dearborn and Livonia, Michigan, to develop battery packs and electric-drive transaxles for new lithium-ion battery powered hybrids planned for production in 2012.

This is a big move by Ford which indicates they are ready to get back to the work of manufacturing cars and move past the slump of recent years.