Ford is once again making a major investment and bringing new jobs into Ohio.
As announced on Friday, the Ford Motor Co. is investing $500 million to upgrade the Lima Engine Plant. Ford will also create 300 new jobs thanks to this major investment.
The engine plant in northwest Ohio will produce the all-new fuel efficient 2.7-Liter EcoBoost engine found in the 2015 Ford F-150. The all-new F-150 will be the first model to use this all-new engine.
This is the second time this month that Ford has made a major investment in the Buckeye State. In early March, Ford announced it will move production of the F-650 and F-750 from Mexico to the Ohio Assembly Plant in Avon Lake, Ohio.
This new EcoBoost engine builds on recording-breaking customer demand for F-150 pickups equipped with V6 engines. In fact, 57 percent of new customers in 2014 have opted for either a 3.7-liter V6 or 3.5-liter V6 EcoBoost to power their new F-150. Since 2010, retail registrations of light-duty pickups with V6 engines have grown more than 600 percent, with Ford F-150 directly responsible for 91 percent of this growth, according to Ford analysis of Polk retail new vehicle registration data from IHS Automotive.
“Our truck customers have spoken, and we continue to meet their evolving needs by providing another V6 option in the all-new 2015 F-150,” said Joe Hinrichs, Ford president of The Americas. “The hardworking team at Lima Engine is thrilled to begin building one of the most technologically advanced engines ever designed for America’s No. 1 truck.”
The Ford F-150 made its Cleveland debut at this month’s Cleveland Auto Show. It is perhaps the most ambitious redesign Ford has ever introduced into the truck market. Made using aluminum, the new Ford F-150 is lighter than its ever been. That means you’ll get better fuel economy and better performance. The F-150 also promises to fit the needs of any truck driver, the weekend warrior or the person who needs a true work truck. New engine choices and technological innovation also highlighted Friday’s press conference.