Ford investing $2.5 billion in two new plants in Mexico

Ford celebrates its 90th year in Mexico, and the American car maker has just announced that they will be investing $2.5 billion (Rs 15,500 crores) in new engine and transmission plants in the Mexican states of Chihuahua and Guanajuato, respectively. Approximately 3,800 direct jobs will be generated through three projects – a new engine plant in Chihuahua, expansion of Ford's I-4 and diesel engine lines in Chihuahua and a new transmission plant – Ford's first in Mexico – in Guanajuato. The investment is part of the company's One Ford plan, which emphasizes global competitiveness.

"Ford is making a significant commitment to our business in Mexico with investment in two new facilities, while aiming to make our vehicles even more fuel-efficient with a new generation of engines and transmissions our team in Mexico will build," said Joe Hinrichs, Ford's President of The Americas. "These new engines and transmissions will help deliver even better driving experiences and fuel economy gains for customers around the world."

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.

Ford has 11,300 employees in Mexico. The Ford Fiesta, Fusion and Lincoln MKZ as well as the hybrid versions of both are manufactured in Mexico. Ford also has established an Engineering Center in Mexico, which employs more than 1,100 engineers who support global projects.