Ford To Invest In Three Michigan Plants

MAGA

We think it's more than just a coincidence that since President Trump took office, American companies are, all of a sudden, reinvesting in jobs and infrastructure to the benefit of American workers. 

Like today (Tuesday) for instance: Ford Motor Co. is slated to announce new investments in three of its Michigan manufacturing plants. President Trump already alluded to the Ford announcement in a Tweet early Tuesday morning. 

Detroit News provides the details about the investment: 

The Dearborn-based automaker will announce investments at its Michigan Assembly Plant in Wayne, Flat Rock Assembly Plant and its Romeo Engine Plant, according to the sources who agreed to speak only on the condition of anonymity because they were not authorized to release the information. It is unclear how many jobs will be created, or the total dollar amount. However, one of the sources characterized the investments as “significant.” [...]

Ford is on Tuesday’s Michigan Strategic Fund meeting agenda for business growth and investments, and likely will receive state incentives.

The automaker plans to invest $9 billion in U.S. facilities through 2019, resulting in 8,500 new or retained jobs, according to the 2015 contract. Besides the $700 million investment at Michigan Assembly for new products — the 2019 Ford Ranger pickup and the all-new Ford Bronco planned for production by 2020 — the contract outlines a $400 million investment planned for Flat Rock for Ford Mustang and Lincoln Continental production, and a $150 million investment at the Romeo Engine plant for engine updates. It is unclear whether Tuesday’s announcements go beyond those plans.

To refresh your memory, back in January Ford announced it would invest $700 million at its Flat Rock assembly, creating 700 jobs in the area: 

As part of that investment, Flat Rock will get a new manufacturing innovation center and the factory will be capable of producing electrified and autonomous vehicles, plus the Ford Mustang and Lincoln Continental that it already builds here. Flat Rock will get two new vehicles: an all-electric SUV with an estimated range of 300 miles that will be built at the plant by 2020, and an autonomous hybrid vehicle will debut in 2021. Ford plans to use that self-driving vehicle for ride-hailing or ride-sharing services.

Conveniently, the UAW could not be reached for comment.

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