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Tuesday, November 10, 2020
Ford announces investment in e-motors and e-transaxles for new electric vehicles
LANSING, Mich. - Today, Governor Gretchen Whitmer released the following statement after Ford announced a $850 million investment in the company’s Rouge Factory in Dearborn and Van Dyke Plant in Sterling Heights, creating and retaining a total of 725 Michigan jobs and reaffirming Michigan’s continued global leadership in automotive manufacturing and future mobility and electrification:
“This announcement is good news for our families, our hardworking UAW members, and our economy as a whole. Ford’s latest investment will create hundreds of new, good-paying jobs for Michigan workers and help us solidify our status as the automotive capital of the world,” said Governor Whitmer. “Since I was sworn in as governor, we have brought in historic investments to our auto plants, creating more than 12,000 Michigan jobs. I am proud to see that work continue today. As governor of the state that put the world on wheels and is now building the next generation of transportation, I am proud to work with Ford and every business that wants to invest in Michigan.”
This morning, Ford announced that it is investing about $150 million in the Van Dyke Transmission Plant in Sterling Heights to make e-motors and e-transaxles for new electric vehicles, including the all-electric F-150. This will retain 225 jobs.
Ford is also increasing production plans for the fully electric F-150 at the Rouge Plant in Dearborn, adding 200 permanent jobs in addition to a previously announced 300 jobs as part of a $700 million investment in building the all-new F-150 and all-electric F-150.
Today’s announcement builds on a $1.45 billion investment in southeast Michigan announced at the end of 2019 to support production of Ford’ new electrified variants of its F-150 truck series and create a new vehicle modification center where Ford’s first autonomous vehicles will be completed. That announcement included the creation of 3,000 new jobs.
About Michigan Economic Development Corporation (MEDC)
The Michigan Economic Development Corporation is the state’s marketing arm and lead advocate for business development, job awareness and community development with the focus on growing Michigan’s economy. For more information on the MEDC and our initiatives, visit www.MichiganBusiness.org. For Pure Michigan® tourism information, your trip begins at www.michigan.org. Join the conversation on: Facebook Instagram LinkedIn, and Twitter.
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