Ford is saying ‘detener‘ to plans that would have seen the iconic car company move all of its U.S. small car production to Mexico.
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Ford investing $700 million at home
The issue of Ford moving production of its Focus and C-Max small cars from suburban Detroit to Mexico made headlines last year during the election cycle.
But now the Detroit giant has reversed its plan to build a new $1.6 billion Mexican plant. The company will instead invest $700 million into a Flat Rock, Mich., manufacturing plant that will make self-driving and electric vehicles.
That move will add 700 employees to the Ford payroll right here at home.
However, USA Today reports the company still plans to manufacture its next-generation Focus sedan in Mexico at an existing plant in Hermosillo, Mexico — just not at a new facility.
Ford’s efforts are just the latest move in what seems like a groundswell of activity to onshore jobs before President-elect Donald Trump takes office later this month.
Last month, Japan’s SoftBank — the parent company of Sprint — made a pledge to invest $50 billion in the United States and create 50,000 U.S. jobs.
Sprint expects 5,000 of those jobs to come by the end of fiscal year 2017.
In addition, OneWeb — also owned in part by SoftBank — plans to create 3,000 new jobs in satellite production at a plant in Florida.
Separately, IBM has also announced plans to hire about 25,000 people in the U.S. and invest $1 billion over the next few years.
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