Ford to invest $1.45 billion in two Detroit plants, add 3,000 jobs

The No.2 U.S. automaker said it would invest about $750 million at its Wayne facility in Michigan to make its Bronco and Ranger sports utility vehicles and pickup trucks, and hire 2,700 workers over the next three years. Ford also said it plans to invest about $700 million at its Dearborn plant to make electric and hybrid versions of the F-150 truck and will hire 300 people next year. Ford had previously said would invest $11 billion to make 40 new hybrid and fully electric vehicle models by 2022. …read more

Source:: Yahoo Finance

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