New Ford Ranger and Bronco Lead to Big Assembly Plant Investments
Ford set the automotive world ablaze when they announced they were bringing back the Ford Ranger and Ford Bronco. But as exciting as that announcement was, a corresponding announcement was even more exciting. That announcement was that the new Ford Ranger and Bronco have led to Ford making big assembly plant investments. More specifically, Ford is investing a total of $1.2 billion in three Michigan assembly facilities which will create a ton of new jobs.
[ READ MORE: 2019 Ford Ranger and 2020 Ford Bronco Release Dates ]
How Ford’s $1.2 Billion Investment will be Used to Create Jobs
For starters, Ford is investing $850 million in its Michigan Assembly Plant to renovate the plant in order to build the all-new Ford Ranger and the all-new Ford Bronco. The plant will begin building the new Ranger by the end of 2018 and the new Bronco by the end of 2020. Additionally, Ford is investing $150 million to retool its Romeo Engine Plant in Michigan. These renovations will allow Ford to expand capacity for engine components for several of its models, including the new Ford Ranger and new Ford Bronco. Two new data centers are also being built, which will allow Ford to expand and create new mobility services, such as more connected, autonomous and electrified vehicles. All of these projects are expected to create and retain thousands of jobs.
“At Ford, we are investing aggressively in building on our strengths today – including trucks, vans, commercial vehicles, performance vehicles and SUVs – while at the same time growing our leadership in electrification, autonomy and mobility services. As America’s top producer of automobiles, we are proud to be going even further in our commitment to invest in manufacturing here at home.” – Joe Hinrichs, Ford President, The Americas.
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