Ford announces investment in CLE plant

Posted at 8:39 AM, Feb 26, 2016
and last updated 2016-02-26 17:12:04-05

Before the opening of the Cleveland Auto at the IX Center Friday, Ford officials announced the car company is investing $145 million dollars into the Cleveland Engine Plant.

The investment will help the company retain or create 150 jobs.

Ford is making the investment to support production of an all-new second generation 3.5-liter EcoBoost engine family for the 2016 Ford F-150, Explorer, Expedition, Transit, Flex and Taurus.

The company said this is part of its $9 billion commitment made in the 2015 Ford-UAW collective bargaining agreement to invest in U.S. plants. 

Ford said the new version of the eco boost engine will be produced at the Cleveland Engine Plant.

Meanwhile, more good news for the Avon Lake Ford Plant.

Ford announced chassis or the under fitting for super duty trucks will be made at the Avon Lake Plant.

"It means they're going to have jobs for years," said Mark Payne President of UAW Local 1250.

There are nearly 3,000 Ford workers at the Avon Lake and Cleveland Ford plants combined.