Ford sets aside $ 700 million for new plant

Ford sets aside $ 700 million for new plant

September 19, 2020 0 By autotimesnews

The company will provide Dearborn with three hundred jobs

The construction of the new facility for the production of electric vehicles Rouge Electric Vehicle Center will cost the American company Ford $ 700 million.

The Rouge Electric Vehicle Center in Dearborn, Michigan is set to produce the future F-150 electric pickup. Ford has allocated $ 700 million for a new plant that will provide the city with 300 new jobs. The new generation Ford F-150 pickup truck with traditional propulsion systems has already entered the production line at River Rouge and has 4,400 employees. Ford’s Dearborn plant production director Gary Johnson called the plant “the most technologically advanced Ford plant in the world.”

“We are proud to innovate and innovate again for the future with the construction of a new state-of-the-art manufacturing facility for the all-electric F-150,” said Ford CEO Bill Ford. Earlier this year, Ford announced a $ 1.5 billion investment in the Bronco and Ranger models, providing more than 3,000 new US jobs. The premiere of the fully electric version of the F-150 pickup is expected only in 2022.