Tuesday 25 May 2010

Ford Invests $135M In Green Parts For Hybrid Electric Vehicles



Ford Motor Company announced that it will invest $135 million in two Michigan factories to design, engineer and build key green vehicle parts for the next generation of hybrid-electric vehicles that go into production in 2012.

The investment will result in adding 170 jobs to its Rawsonville plant, while Engineers in Dearborn will design the battery packs and more than 50 engineers to its Van Dyke Transmission Plant in Sterling Heights in the next two years.

Ford would be pumping about $10 million at its Rawsonville components plant to produce lithium-ion battery packs for future hybrid vehicles, also moving its work to Michigan that is currently performed by Delphi in Mexico. About 40 new jobs will be created in the starting of 2012. As of now Ford employs about 780 at Rawsonville plant.

Read full article @ http://www.evhub.in/news/23

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