The investments to be made in manufacturing facilities in Michigan, Ohio, and Missouri will create more than 6,200 manufacturing jobs
The Michigan assembly plant of Ford Motor. (Credit: The Ford Motor Company)
Ford Motor has announced an investment of nearly $3.7bn in three US states with an objective to support its strategy to produce two million electric vehicles (EVs) a year globally by the end of 2026.
The investments will be made in manufacturing facilities in Ohio, Michigan, and Missouri. Overall, the investments will add more than 6,200 manufacturing jobs.
Ford Motor president and CEO Jim Farley said: “We’re investing in American jobs and our employees to build a new generation of incredible Ford vehicles and continue our Ford+ transformation.
“Transforming our company for the next era of American manufacturing requires new ways of working, and together with UAW leadership, we are leading the way and moving fast to make improvements to benefits for our hourly employees and working conditions for our factory teams.”
In Ohio, the automaker will invest $1.5bn in its Ohio assembly plant. It will enable the assembling of an all-new EV commercial vehicle, which will begin in 2025.
The company will also invest $100m, which will be shared by its Lima Engine and Sharonville Transmission plants in Ohio.
In Michigan, Ford Motor will invest $2bn in three assembly plants. This will help in ramping up the production of the all-new F-150 Lightning electric truck to 150,000 per annum at the $700m Rouge Electric Vehicle Center in Dearborn.
The investment will also be used for enabling the production of an all-new Ranger pickup at its assembly plant in Wayne and in an all-new Mustang coupe at the Flat Rock assembly plant.
Ford Motor will allocate $35m of the investment to construct an all-new customer service division packaging facility in Monroe. The new facility will help speed up the shipments of parts for the company’s customers.
In Missouri, the automobile manufacturer will invest $95m to begin a third shift at its Kansas City assembly plant. This will enable the company to boost production of the Transit commercial van as well as the all-new E-Transit electric van.