Ford will invest $350 million to upgrade the Livonia Transmission Plant, which will create or retain 800 jobs in Michigan, Ford has announced.
The plant builds a new 10-speed transmission for the 2017 Ford F-150 Raptor and other F-150 trucks. Ford will start adding jobs late this year, and add the majority in 2018 and in 2019.
This investment in the transmission plant is in addition to $1.4 billion and 500 created or retained hourly jobs announced for the plant in 2016 to support production of the 10-speed transmission.
In the past four months, Ford has announced more than $2.25 billion in new investments in Michigan. The company has invested $12 billion in its U.S. plants and created a total of nearly 28,000 U.S. jobs during the last five years, according to Ford.