After Trump Tweets ‘Jobs, Jobs, Jobs’ Ford Announces $1.2B Plant Investment, 130 Jobs
The iconic Ranger and Bronco will further expand Ford’s truck and SUV leadership in North America – two of the company’s profit pillars.
During the last five years, sales of midsize pickups have grown nearly 50 percent. Many truck buyers want an affordable, functional, rugged and maneuverable pickup that’s Built Ford Tough. Ranger is built to meet their needs.
The Romeo Engine Romeo Engine Plant produces engines for Ford Super Duty, E-Series, Ford Shelby GT350 Mustang and Shelby GT350R Mustang, along with components for F-Series, Mustang, Explorer and Edge. This investment adds capacity and tooling for components for an additional engine when the plant begins its transformation in early 2018.
In North America alone, Ford has invested more than $3.8 billion to develop more than 30 engines since 2009, when the company introduced its first EcoBoost® engine. Since then, Ford has produced more than 8 million engines globally with the fuel-saving technology.
Data center supports auto and mobility company expansion As Ford expands to be both an automotive and mobility company, the company’s data storage requirements are expected to increase from 13 petabytes today to more than 200 petabytes in 2021. This is especially true as Ford grows its leadership in connectivity, autonomous vehicles, electrification and mobility services.
The new data centers are helping Ford create a world-class infrastructure for storage, processing and integration of this data.
The centers also will increase the ability of Ford’s global data insights and analytics team to transform the customer experience, enable new mobility products and services, and help Ford operate more efficiently.
Article Appeared @http://detroit.cbslocal.com/2017/03/28/ford-announces-investment-numbers-after-trumps-tweet-but-few-new-jobs/