Ford investing $1.2B in 3 Michigan plants, adding 130 jobs

Ford’s Romeo Engine Plant produces engines for the F-150 and Mustang among other vehicles. FACEBOOK

Ford Motor will invest $1.2 billion in three MI plants, the automaker announced, hours after President Trump touted a "big announcement" from the company on Tuesday.

An [?] $850 million Michigan Assembly Plant upgrade supports return of Ford Ranger and Bronco. The publication states it's too early to tell how many jobs will be created or retained.

Ford's government affairs team briefed the Trump administration on the investment shortly before 8 a.m., Hinrichs said.

"Today's announcement is further proof of Ford's commitment to producing in MI and the United States", she said.

President Donald Trump, who has pressured automakers to invest more and create jobs in the USA, applauded the move Tuesday in an early morning tweet.

The new data center Ford announced today will be in a new building on the same campus as the Flat Rock Plant.

The announcement, the second in recent months focused on jobs and factories in the US, brings Ford's investment into MI to $1.9 billion so far this year. In January, Ford said it was spending $700 million and adding 700 new jobs to build a data center at its Flat Rock Assembly Plant. It is unclear whether Tuesday's announcements go beyond those plans.

The company is expected to make a full announcement on Tuesday, March 28. The UAW could not be reached for comment.

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Ford Motor Company is investing $1.2 billion in three MI manufacturing facilities to strengthen its leadership in trucks and SUVs and support the company's expansion to an auto and mobility company.

It is backing that up with investments in such things as autonomous and self-driving vehicles, as well as in-car data services. "JOBS! JOBS!", Trump tweeted hours ahead of the announcement. Trump repeatedly has pushed automakers and other manufacturers to build factories in the U.S.

"We're optimistic that we'll continue to see good economic growth for the USA in the near term", said Joe Hinrichs, president of the Americas at Ford. "We will be, and it won't be long, believe me".

"There will be a lot of similarities, but we will have some changes in styling ... that will make it unique for North American customers", Hinrichs said. "Very, very big. Very important".

The work to transform Michigan Assembly Plant begins next May.

Over the past several months, several automakers have rolled out investment announcements for US facilities.

Shares of Ford, General Motors and Fiat Chrysler Automobiles NV fell earlier last week after Ally Financial warned profit growth may slow due in part to an expected 5 percent decline in used-car prices this year.

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