General Automotive News Various topics from around the net.

Ford investing $400M in Kansas City plant for unnamed new car

Old Jan 20, 2011 | 09:30 AM
  #1  
Car Audio News's Avatar
Thread Starter
50 Watt CAFz'r
 
Joined: Nov 2007
Posts: 114
Arrow Ford investing $400M in Kansas City plant for unnamed new car



Ford has announced plans to invest $400 million in its Kansas City Assembly plant in Missouri. The company is shifting production of the Escape from that facility to its Louisville, Kentucky plant, which will open up a line for an unnamed model. There’s some indication that the FoMoCo crew is planning to build the Transit Connect alongside the F-150 at the Kansas City facility. Regardless of what model Ford plans to build there, the company’s investment will go toward new tooling, a new body shop and other improvements, while managing to save 3,750 jobs in the process.

Ford will receive around $150 million in tax breaks over 10 years for keeping the Kansas City plant up and kicking as part of the 2010 Missouri Manufacturing Jobs Act. The legislation provides tax incentives for automakers who retain jobs through new investments.

The Blue Oval is now in the process of retooling a total of four plants for upcoming products. The company just recently announced that it is investing $600 million in the Louisville, Kentucky plant to produced the next-generation Escape.



More...
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
hershey
General Discussion
6
Jul 28, 2007 09:31 AM
Bulldogger
Off-topic Chat
37
Nov 22, 2005 09:45 AM
defro13
Finals Road trip(s)
64
Nov 29, 2004 07:40 PM
defro13
General Discussion
0
Aug 31, 2004 09:33 PM
Probeman
Off-topic Chat
14
Jan 31, 2004 04:25 PM


Thread Tools
Search this Thread

All times are GMT -5. The time now is 02:26 AM.