Ford Invests $2.5 billion in Mexico

Ford Announces $2.5 Billion Investment For New Engine, Transmission Plants In Mexico

The investment is part of the company’s "One Ford" plan, which emphasizes global competitiveness.

Ford - LogoMEXICO CITY, Mexico ­– Ford has announced a $2.5 billion investment in two new facilities building a new generation of engines and transmissions in the states of Chihuahua and Guanjuato, Mexico.

The investment, which comes during the celebration of Ford’s 90th anniversary in the country, will bring 3,800 direct new jobs plus additional indirect jobs to Mexico. Ford officials announced the investment last week during a ceremony with Mexican President Enrique Peña Nieto and other members of the country’s Federal Government.

The new engine facility is being built within Ford’s Chihuahua Engine Plant, where the company will produce a new gasoline-powered engine. This $1.1 billion investment and 1,300 new jobs will allow Ford to export engines to the U.S., Canada, South America and the Asia-Pacific region, supporting the company’s growing small car lineup.

An additional $200 million dollar investment as well as the creation of 500 more new jobs is tied to the expansion of Ford’s current I-4 and Diesel engines production in Chihuahua. As a result of these investments, the Ford Engine Plant in Chihuahua will become the biggest engine plant in Mexico.

In addition, Ford is building a new transmission plant within the premises of transmission supplier and longtime partner Getrag, which is based in the City of Irapuato in the State of Guanajuato. This $1.2 billion investment brings approximately 2,000 new jobs.

This new plant – Ford’s first transmission facility in Mexico – will produce two all-new automatic transmissions for key products primarily in South America, Europe and Asia Pacific as well as other North American markets.

 

 

You May Also Like

Blink Charging UK, Evri Collaborate to Electrify Courier Fleet

EV chargers installed at Rugby enhance Evri’s sustainability efforts, supporting a greener future in parcel delivery across the UK.

blink_rugby_398-1400

Blink Charging UK, a subsidiary of Blink Charging Co., is working with Evri, the UK's largest parcel delivery company, to install electric vehicle (EV) charging hubs at Evri facilities, starting with a site in Rugby, UK. The installation at Rugby is part of a broader initiative to add EV chargers at various Evri locations throughout the UK, aiming for net-zero emissions by 2035. Evri chose Blink Charging for its reliable, scalable EV equipment and expertise in fleet operations, the companies noted in a press release.

Standard Motor Products Introduces 268 New Numbers

The release provides new coverage in 75 product categories and 80 part numbers for 2023 and 2024 model-year vehicles, SMP said.

MAHLE Releases 2023 Sustainability Report

MAHLE noted it made significant progress in reducing its CO2 emissions, and increasing the use of renewable electricity.

MAHLE Releases 2023 Sustainability Report
Transtar Industries Continues Rapid Product Line Expansion 

The company is now offering OE recycled engines, in addition to its expansive line of OE recycled transmissions and transfer cases.

ZF Cleans Up Metro Park for Earth Day

ZF said the effort was in line with its dedication to sustainability, zero-waste and circularity.

ZF Cleans up Metro Park

Other Posts

Brembo Reaches 75% Renewable Energy Use Globally

The company’s CO2 emissions fall as Brembo presents activities and results achieved in every area of ESG.

brembo hackathon
New 17-ton Rotary Pit Lift Released in Europe, Middle East, Africa

The lift can adjust to fit different pit sizes, while maintaining the ability to pick up, lift and support heavy-duty vehicles.

Rotary-pit-lift-600
TRP Celebrates 30 Years of Aftermarket Parts

Thirty years and 300-plus stores later, TRP looks back at what led to the milestone.

TRP-30th-Anniversary-Logo-1400
New Sanctions on Russian Nickel, Copper and Aluminum

Reisman discusses how the sanctions will impact prices paid by those in the automotive industry.