Ford Invests in Hybrid and Electric Production in Michigan
05/24/2010
"The good news is we're making the investment now, it's going to result in obviously driving innovation, driving job growth," Mark Fields, Ford president of the Americas, told the Associated Press.
The Ypsilanti facility will receive $10 million and add 40 employees to build battery packs. The Sterling Heights plant will receive $125 million and add 130 employees to build continuously variable hybrid transmissions. Before hiring new workers, Ford will call 450 laid-off employees back to work.
Ford, which currently sells four hybrid vehicles, will add another electric or hybrid model to its line in the United States by 2012 and in Europe by 2013.
The company worked with the United Auto Workers union on employee wages and productivity.
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