March 31, 2012

Ford invests US$ 1.3-billion in producing fuel-efficient, high-quality Fusion and Lincoln MKZ mid-size

Ford announced a US$ 1.3-billion investment in its Hermosillo Stamping and Assembly Plant, creating 1,000 jobs locally and all-new Ford Fusion and Lincoln MKZ lineups for a growing number of North American customers buying mid-size sedans.

“Ford is making
a significant investment in this facility and a significant commitment to the employees here while also transforming our vehicle lineup for customers throughout North America,” said Mark Fields, President of The Americas at an announcement with key government officials including President of Mexico Felipe Calderon Hinojosa. “The mid-size sedan market is significant, growing and one of the most competitive in the industry. With our all-new Fusion and Lincoln MKZ lineups, we have the fuel economy, quality, technology and vehicle choices to win customers like never before.”

Ford’s investment is helping transform the stamping and assembly plant, known for its high-quality production, bringing 1,000 new direct jobs in the state of Sonora.

“Working together with national and state government officials, Ford has been able to make our vision a reality, helping deliver new jobs and even greater levels of competitiveness for the company,” said Gabriel Lopez, Chief Executive Officer and General Director Ford of Mexico.

Ford’s latest investment caps 87-years of manufacturing in Mexico and is in addition to $3-billion invested in Mexico during the past decade. In addition to Fusion, which has been built in Hermosillo since 2005 and sold more than 1.1-million models, Ford started building Fiestas at its Cuautitlán plant in 2008. The company also builds diesel engines for small and medium trucks in Chihuahua as well as transmissions through a joint-venture with Getrag (GTF).


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