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Old 05-06-2009, 12:26 PM
rickaren's Avatar
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Ford may hire 1,500 at Mich. plant

Ford may hire 1,500 at Mich. plant

Posted Wednesday, May 6, 2009, 1:26 pm in Employee News

Ford Motor Co. is expected to announce a $400 million investment in its Wayne, Mich., factory complex today, which could lead to the creation of 1,500 jobs over the next five years, The Detroit News reported.

The Dearborn, Mich., automaker already announced plans to retool the former Michigan Truck Plant (which is being renamed Michigan Assembly), and will produce small cars from Europe, the paper said. Now, Ford is announcing additional investments to retool the nearby Wayne (Mich.) Stamping Plant as well, the News said.

Michigan Gov. Jennifer Granholm is scheduled to join Executive Chairman Bill Ford Jr. and other executives at the former Michigan Truck Plant today for the announcement, according to the News. State authorities on Tuesday approved more than $159 million in tax credits for Ford, and the city of Wayne has already authorized more than $15 million in property tax abatements, the story said. (The Detroit News)
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