Ford’s $2 Billion Investment In Michigan Solidifies State’s Auto Production

MACKINAC ISLAND — Michigan scored a win on Thursday in its drive to preserve automotive production here amid massive changes coming to the industry from the shift to electric vehicles. Ford Motor Co. rolled out its plans to add 3,260 jobs in the state as part of a $2 billion investment in nine factories and a new shipping center.

The move comes as the Dearborn-based automaker introduces new gas-powered versions of existing models and boosts production of the recently launched all-electric F-150 pickup.

The impact of those models will be felt in three Wayne County factories, with the rest of the investment targeting upgrades to other production sites and the new shipping center construction in Monroe.

Combined, the announcement represents transformation for Ford, said Steven Croley, chief policy officer and general counsel at Ford Motor Company, during a press briefing at the Mackinac Policy Conference. The company plans to switch its global portfolio to 50 percent electric by 2030.

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By Mike Brennan|2022-06-04T11:16:15-04:00June 4th, 2022|Industry 4.0|

About the Author: Mike Brennan

Founder of Michigan News Network, and serves as CEO, as well as Editor & Publisher of MITECHNEWS.COM. Brennan has worked since 1980 as a technology writer at newspapers in New York, NY, San Jose, CA., Seattle, WA., Memphis, TN., Detroit, MI., and London, England. He co-founded and served as managing editor of Pacific Rim News Service (SEATTLE), which developed a network of more than 100 freelance journalists in 17 Asia-Pacific countries.