FoMoCo has just received $159 million in Michigan state tax credit to assist its $440 million investment in its Michigan Assembly plant and a related stamping facility in Wayne, Michigan.
Ford’s Michigan Assembly plant, which previously produced large body-on-frame vehicles like the Ford Expedition and the Lincoln Navigator, is looking to produce smaller vehicles at the plant that will be based on its global platform.
According to Automotive News, officials said that the first model to be produced at the plant will be the next-generation Ford Focus, which could start rolling off the assembly line in 2010.
The new investment is expected to retain the 3,200 current workers and could create another 1,500 jobs over the next five years or so.
– By: Kap Shah