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$11B investment sees Ford make electric vehicles in Michigan
| 03/21/2019
- Second North American plant to be based in southeast Michigan
- Investment in global electric vehicles worth $11 billion
- 900 incremental direct new jobs expected
Ford plans to increase its production capacity for making next-generation electric vehicles when it begins to manufacture them at a second North American plant based in southeast Michigan.
The company announced the plans yesterday, and they form part of the already-revealed investment in global electric vehicles worth $11 billion.
The Michigan-based company will create 900 incremental direct new jobs through 2023 thanks to the $900 million investment into its southeast Michigan operations.
Ford President of Global Operations Joe Hinrichs said: “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.”
“This is good news for the future of southeast Michigan, delivering more good-paying manufacturing jobs,” Hinrichs added.
The company said that its plans for the area also include a new autonomous vehicle manufacturing facility that will be built by workers starting in 2021.
Hinrichs explained that Ford would be ramping up AV production and the new plan would allow the car maker to adjust its investment spending strategy to accommodate the expected pace of growth of the new technology.
“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,” he explained.
The new investment in domestic production from the company comes after rival General Motors and its CEO Mary Barra were criticized by President Donald Trump on Twitter last week for building their own new production facilities overseas.