Ford to invest $773 million, create 2,350 jobs

2013 Ford Fusion

With redesigns like this 2013 Ford Fusion, the Ford company is looking to expand American Production

The Ford Motor Co. announced Thursday that it plans to invest more than $700 million and create more than 12,000 jobs in the United States over the next few years.

This is good news for automotive giant, who has saw a very successful 2012. Initially, 2,350 jobs will created in Ford’s home state of Michigan, with more than 12,000 new American jobs added by 2015.

“Even as we wrap up an incredibly busy year of capacity expansions and product launches, we are continuing to look to the future,” Jim Tetreault, Ford vice president of North America Manufacturing, said in a statement.

“These investments, many of which are already under way, will ensure our southeast Michigan manufacturing facilities can support our aggressive growth plans.”

The Dearborn-based manufacturer posted its best November since 2005, as sales rose six per cent to 177,673 vehicles. The results were driven by strong demand for its small cars, which posted their best November in 12 years.

Many experts cite Ford’s successful redesigns of the past few years, including the Focus, Fusion and Escape models that are turning heads all over the road.

Some of the plants that the company will be making investments in, include: Michigan Assembly Plant ($59.4 million); Dearborn Stamping Plant ($305 million); Flat Rock Assembly ($161 million); and Sterling Axle Plant ($86 million).

Ford employs some 172,000 people and maintains 65 plants worldwide.

Learn more about the Ford brand here.

Remember, choose a company that invests in America the next time you choose a vehicle.

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