Ford investing $1.2B in 3 Michigan plants, adding 130 jobs

Posted March 29, 2017

Ford announced on Tuesday it will invest $1.2 billion in three MI plants, including $850 million to make the new Ford Ranger and Ford Bronco.

"Major investment to be made in three MI plants", Trump posted on Twitter early Tuesday.

That's not accurate. auto companies are continuing to move US small vehicle production to foreign markets while investing in USA plants to make trucks and SUVs.

"Big announcement by Ford today", Trump posted early Tuesday. That move was paired with a decision to abandon plans to construct a $1.6 billion new plant in Mexico where Ford had planned to make the Focus.

Ford is not alone in re-investing in the U.S.

Hinrichs said it is too early to say how many white-collar jobs will be created, but the number is expected to be significantly smaller than what is being announced at the Michigan Assembly Plant.

Part of that deal saw Ford invest $700 million in MI toward innovative projects - pledging to create 700 jobs in the process - such as an electric SUV and self-driving cars.

In January, Ford canceled plans to build a $1.6 billion plant in Mexico after Trump criticized the company for taking jobs from American workers and would instead invest $700 million in its Flat Rock Assembly Plant.

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

"Ford set out to reduce water use starting in 2000 with its Global Water Management Initiative, and saved 10 billion gallons of water between 2000 and 2015 - a decrease of 61 percent", Environmental Quality Office director Andy Hobbs said. "This is a day to celebrate USA manufacturing as it continues to grow and evolve and support American jobs, and pledge to continue working together to keep MI and the U.S.at the forefront of innovation and technology". The investments are part of a 2015 contract with United Auto Workers.

$150 million of those $1.2 billion are spoken for by the Romeo Engine Plant, which plans to create or retain 130 jobs to expand capacity for engine components.

While Trump has been quick to take credit on Twitter for bringing back American manufacturing jobs, this may not be one he can champion as his own work. Because big vehicles tend to fetch big sticker prices, automakers can profitably manufacture them in the USA while smaller vehicles are increasingly built in Mexico and other countries where labor is cheaper.

The balance of the investment, $200 million, will be used to construct a data center where Ford plans to store consumer information related to connected and autonomous cars.

"Big announcement by Ford today".

Trump told a roundtable of automotive chief executives that he would help them if the relationship ran both ways.