Ford Invests $350M in Mich. Transmission Plant
Ford will invest $350 million to upgrade the Livonia Transmission Plant, which will create or retain 800 jobs in Michigan, Ford has announced.
Photo of the Livonia Transmission Plant courtesy of Ford.
Photo of the Livonia Transmission Plant courtesy of Ford.
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.
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