Ford to invest $1.3 billion in its stamping and assembly plant in northern Mexico

Article by Christian Andrei, on April 1, 2012

Ford Motor Co.’s plan to launch redesigned mid-sized sedans is made possible by the company’s investment of $1.3 billion in its stamping and assembly plant in the northern Mexican city of Hermosillo. This move also leads to the creation of a thousand jobs. Ford makes the Ford Fusion and Lincoln MKZ mid-sized sedans at the Hermosillo facility.

The revamp for the Fusion and MKZ is intended for the 2013 model year. During an event with Mexican President Felipe Calderon in Mexico City, Mark Fields, Ford's president for the Americas, said that this investment enables the plant to make the all-new Ford Fusion and the Lincoln MKZ lineups, aiding in meeting the consumer demand.

Calderon believes that this investment would aid Mexico to grow up n the list of world's top auto exporters. The plant, which opened in 1986, already employs around 2,700 in his staff. In a statement sent by Ford (which is currently the No. 2 U.S. automaker), Calderon said that a the new investment will be on top of $3 billion invested in Mexico over the past decade. Ford will also build the new Fusion found at a plant in Flat Rock, Mich.

Topics: ford, mexico, investment

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