Ford Makes $350 Mil Investment In Transmission Plant
Funds will help to secure or retain over 800 jobs while allowing Blue Oval to continue to produce our favorite trucks.
Ford has announced plans on production of a new transmission and will be spending an additional $350 million at a Michigan plant to make that happen. As a result of the new spending, Ford will create or retain 800 jobs at the Livonia Transmission Plant. Some of the new jobs will be filled later this year, but most will be filled over the next two years.
Ford has already made over $2.25 billion in new investments in Michigan over the last four months. In 2016, Ford made a $1.4 billion investment in the Livonia Transmission Plant and created or retained another 500 jobs. This was to support a new 10-speed transmission for the Blue Oval’s 2017 F-150 Raptor and other F-150 trucks.
In 2016, Ford made a $1.4 billion investment to support a new 10-speed transmission for the Blue Oval’s 2017 F-150 Raptor and other F-150 trucks.
“We remain committed to American manufacturing and investing in our people and facilities,” says Joe Hinrichs, Ford president of the Americas. “Even as the industry’s largest employer of hourly workers in the United States and biggest producer of American-made vehicles, we believe it is important to continue investing right here in our home market.”
Ford’s Livonia Transmission Plant is where the workers will be building the new transmission that will focus on improving fuel economy and performance on front-wheel drive vehicles. The plant currently employs 1,800 and they are responsible for making the transmissions for the Mustang, F-150, and other Ford vehicles.
