Ford Motor Company announced today that it will invest $850 million in Michigan between 2011 and 2013. The new investments will support up to 1,200 new full-time manufacturing and engineering positions in Michigan. The company expects approximately 900 jobs will be hourly positions in its Van Dyke Transmission, Sterling Axle, Livonia Transmission and Dearborn Truck manufacturing facilities. The remaining 300 jobs will be salaried positions within its engineering and manufacturing operations.
The investment is part of Ford's competitive plan to engineer and manufacture even more fuel-efficient vehicles and fuel-saving technologies in the state.
"Fuel economy and technology are consumers' biggest priorities — and we have made them Ford's as well," said Mark Fields, Ford's president of The Americas. "We are pleased to work with state and local government leaders to find new ways to work together, invest in our people as well as Ford facilities, further improve our competitiveness and secure jobs in Michigan."
Ford is working with the state of Michigan on a Michigan Economic Growth Authority (MEGA) package that replaces several existing state incentives and makes Michigan a more competitive place to invest in new fuel-saving technologies and facilities. The MEGA Board is expected to approve the tax credits tomorrow.
"We've worked hard to keep Michigan the center of the automobile industry, and Ford's investment is further evidence that our efforts are succeeding," said Governor Jennifer M. Granholm. "We look forward to continuing our partnership with Ford as the American auto industry builds the green vehicles of the future."
