OEMs make major Michigan investments

  • 07-Nov-2010 08:37 EST
VDykeTrns_SKV_4344.jpg

Workers at Ford's Van Dyke Transmission Plant in Sterling Heights, MI, assemble fuel-efficient four- and six-speed transmissions for several vehicles in the company's product lineup.

Ford Motor Co. plans to invest an additional $850 million in Michigan between 2011 and 2013, adding up to 1200 new full-time jobs in manufacturing and engineering operations. The company expects approximately 300 jobs to be salaried positions within its engineering and manufacturing operations and the remaining 900 will be hourly positions in its manufacturing facilities. Ford is making the investment after working with state officials on a new Michigan Economic Growth Authority package that replaces several existing state incentives. Once approved, Ford will allocate its $850 million investment across a variety of plants including Van Dyke Transmission, Sterling Axle, Livonia Transmission, and Dearborn Truck. A significant portion of the company's investment will benefit engineering and production of Ford's new six-speed transmissions, which by 2013 will be incorporated into 100% of Ford vehicles. Ford is not the only automaker investing in Michigan because of the new tax incentives. Chrysler Group LLC will invest $850 million in its Sterling Heights Assembly Plant and another $150 million in GEMA Plant. General Motors Co. will invest $37 million in its Lansing Delta Township assembly plant.


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