Ford invests $500 million in Ohio
Posted on 22 Apr 2014 and read 1078 times
Ford Motor Co is to invest $500 million in its Lima plant (near Dayton in Ohio), creating 300 jobs. The automotive group will add a flexible engine-assembly system and will renovate 700,000ft2 of the facility. This will allow it to produce the all-new 2.7-litre EcoBoost engine, which is used in the company’s 2015 F-150 truck.
The twin-turbo engine will feature start-stop technology that turns off the engine automatically when the vehicle is stopped and re-starts it when the driver releases the brake. The Lima plant has been in operation since 1957; employing 900 people, it produces the 3.5-litre and 3.7-litre Duratec V6 engines.
Senator Sherrod Brown said: “Ford’s announcement is welcome news for the region’s workers and our state’s economy. The US automotive industry is the best in the world, and Ohio’s workers are a major reason why. One in every six cars produced in the USA is made in Ohio. Ford’s investment will strengthen both our state’s proud auto industry and its growing manufacturing sector.”
Last month, Ford announced that it will invest $168 million in its Cleveland assembly plant and re-tool it to produce the new 2016 F-650 and F-750 medium-duty trucks.