Ford Motor Company is making a major investment in manufacturing in the United States, with most of the money being centered around the all-new S650 Ford Mustang, P703N Ford Ranger, and increased production of the F-150 Lightning. The total investment value is a staggering $3.7 billion, to be split into three locations that will each perform specific tasks and build new vehicles.
Ford Motor Company: S650 Mustang And P703N Ranger Investment
Michigan will receive $2 billion of that investment, which will go directly to building the all-new Ford Mustang at the Flat Rock Assembly Plant, its current home base. Just as well, the money will go towards the new P703N Ford Ranger at the Michigan Assembly Plant in Wayne, also the truck’s current home alongside the Ford Bronco. In addition, that money will be used to increase production of the F-150 Lightning to 150,000 units per year at the Rouge Electric Vehicle Center.
Another $1.5 billion will be allocated to Ohio, where an all-new EV commercial vehicle will be assembled. An additional $100 million will go into the Lima Engine and Sharonville Transmission plants.
Finally, the state of Missouri will receive a $95 million investment to increase production of the Transit and the all-new E-Transit electric van, as well as add a third shift at the Kansas City Assembly Plant.
The combination of all three investments will add 6,200 new union jobs in the midwest, with 3,000 of them being upgraded from temporary workers to full-time, 3,200 in Michigan, 1,800 in Ohio, and 1,100 in Missouri.
Although Ford is making significant strides toward an electric future, it’s nice to see that a V8-powered Mustang with a manual transmission is still very much a part of the brand’s future. Ford’s investment in Michigan is further strengthening its commitment to the state, where it has built vehicles since its founding in 1903.
Soon, the company will be building the Ford Mustang for longer than it hasn’t, and that’s pretty special.