Ford Motor Co. plans a EUR240-million (GBP190 million) investment in its Dagenham site in the United Kingdom to expand production of cleaner diesel engines. The investment -- expected to result to the creation of 318 new jobs – represent the second phase of a new engine program at the site.
Ford, which initially committed GBP287 million in investments, disclosed it will commence output of 350,000 cleaner 2.0-liter diesel engines annually for commercial vehicles late 2015 and another 150,000 units for passenger cars in 2017.
The 2.0-liter diesel engines for cars and commercial vehicles has been designed and developed at the Dagenham site and at the Ford Dunton Technical Centre in Essex, England.
The latest project is part of Ford’s GBP1.5-billion five-year investment to build engines and other technology that would make it vehicles emit lower carbon dioxide.
The UK government will shoulder around GBP8.9 million of the total amount allocated in Dagenham. The investment indicates a turnaround for Ford in the country.
Two years ago, it announced that it was closing a stamping plant in Dagenham as well as a site that builds chassis cabs for the Transit van in Southampton, England.