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Ford to Invest $773M in Michigan Plants, Add 2,350 Jobs

KAREN BLEIER/AFP/Getty Images(DEARBORN, Mich.) -- Ford Motor Company announced on Thursday it's spending more than $773 million to enhance and expand six facilities in Michigan that will create 2,350 new hourly jobs.

In addition to the new positions, the investment will allow the Dearborn, Mich.-based automaker to retain 3,240 hourly jobs in the state.

“Even as we wrap up an incredibly busy year of capacity expansions and product launches, we are continuing to look to the future,” Ford vice president of North America Manufacturing, Jim Tetreault, said in a statement Thursday.  “These investments, many of which are already under way, will ensure our southeast Michigan manufacturing facilities can support our aggressive growth plans.”

The facilities include the Dearborn Stamping Plant ($305 million), Flat Rock Assembly ($161 million), Van Dyke Transmission ($87.7 million), Sterling Axle Plant ($86 million), Livonia Transmission ($74.7 million) and Michigan Assembly Plant ($59.4 million).

Ford says the investments are part of a commitment to spend $6.2 billion in U.S. plants by 2015 and add 12,000 hourly jobs across the country.

Copyright 2012 ABC News Radio

ABC News Radio