Trump says Ford investing in 3 Michigan auto plants

29 March, 2017, 02:04 | Author: Jacqueline Ellis

Ford will invest $1.2 billion in three MI facilities, a move signaled overnight through a tweet from President Donald Trump - though Ford had originally planned to make the official announcement itself at a Tuesday meeting with MI officials.

Ford has said it will spend $1.2bn (£1bn) as part of a planned upgrade of three MI plants.

Trump tweeted early Tuesday, "Big announcement by Ford today".

The factory that makes the Explorer, Taurus and Police Interceptor vehicles added new water-saving technologies, including a new electrolysis system that removes calcium and magnesium from one of the largest cooling towers at the plant. He called it an example of vehicle companies "coming back to U.S".

"Ford's announcement of a new advanced data center at the Flat Rock Assembly Plant also further positions the company as a leader in the future of mobility, including the development of connected and automated vehicles which have the potential to improve safety and save lives".

Ford will announce investments at its MI plants in Wayne, Flat Rock and Romeo, the Detroit News reported, citing three sources familiar with the plans. However, it was unclear by Trump's tweet if the company would make an announcement about new plans or if it was about work on previously planned investments.

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- This report was updated at 10:32 a.m.

"Thanks to collective bargaining, the hard-working men and women at each of these locations will now reap the full fruits of their labor", UAW-Ford Vice President Jimmy Settles said in a statement. "We're proud of fact that we make more vehicles in USA than anyone else".

"If you look at the investments we've announced so far this year in MI, they capture what's going on right now in the business", Hinrichs said.

The contract states that the company will invest $9 billion and create or retain 8,500 jobs through 2019.

The moves "strengthen its leadership in trucks and SUVs and support the company's expansion to an auto and mobility company", according to Ford.

The factory had been producing a mix of small cars, including the Ford Focus, which will now be moved to a plant in Mexico. "I don't think we've seen the end of health care", Spicer added, labeling the Obama health law, "an abysmal failure".

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