To meet rising consumer demand for its 2.0-liter EcoBoost engine, Ford Motor Company said it will invest nearly $200 million to relocate North American essembly of its popular engine model from Spain to Ohio and add 450 new jobs at its Cleveland Engine Plant.
Production of the 2.0-liter EcoBoost for North America is currently based in Valencia, Spain. The investment in Cleveland will shift North American production to Ohio, while Ford’s Valencia Engine Plant will remain the exclusive production location of the 2.0-liter EcoBoost for Ford of Europe-built vehicles. Valencia will continue to produce and ship parts for these engines to North America.
Ford said it is making the move to assemble engines regionally to help meet rising consumer demand for the award-winning 2.0-liter EcoBoost and to optimize production capabilities around the world. Production of the 2.0-liter EcoBoost engine will begin in North America in late 2014. Cleveland Engine Plant currently builds the 3.5-liter EcoBoost engine and 3.7-liter V6. The Ohio facility employs approximately 1,300 people. It has built more than 500,000 3.5-liter EcoBoost engines since 2009.
“This is our One Ford plan at its best, giving customers the power of choice to decide which fuel-efficient engine is best tailored to their needs,” said Joe Hinrichs, Ford president of The Americas. “Cleveland Engine Plant was the first to produce EcoBoost engines and will continue to be a cornerstone of Ford’s strategy to deliver affordable fuel economy for millions.”
The hiring builds on the creation of more than 8,100 salaried and hourly jobs in the U.S. last year, including 1,000 in-sourced hourly positions. Ford is more than halfway to its goal of creating 12,000 hourly jobs in the U.S. by 2015 to support new products and investment. Additionally, last month the company said it plans to hire 2,200 salaried workers in the U.S. in 2013 to fill jobs in such key areas as Product Development, Manufacturing and IT.