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Ford says it will invest $400M in KC area as part of new labor deal
Ford Motor Co. pledged to invest $400 million in its Kansas City Assembly Plant as part of a tentative labor agreement with the United Auto Workers. Union leaders endorsed a new four-year deal with Ford on Friday. Union members now will vote on th.....»»
Ford to upgrade Chicago plant for SUVs, hire 450 workers
Ford Motor Co said on Monday it would invest $50 million upgrading a Chicago facility to partially assemble hybrid electric SUVs and vehicles for police use, creating 450 jobs......»»
Ford To Invest $900 Million, Hire 900 For New Electric Vehicle Plant In Michigan
No sooner did news break that Ford will be laying off 5,000 workers in Germany than it was also reported that the company's CEO, Jim Hackett, saw his pay rise to $17.75 million in 2018, despite what can only be described as a lackl.....»»
Volkswagen to invest $800 million, build new electric vehicle in U.S
Volkswagen AG said on Monday it was investing $800 million to build a new electric vehicle at its plant in Chattanooga, Tennessee, and scheduled a briefing with Ford Motor Co for Tuesday on their efforts to forge a global alliance......»»
Ford To Move $900 Million Plant From Ohio To Mexico: Report
Ford To Move $900 Million Plant From Ohio To Mexico: Report.....»»
GM Will Build Electric Commercial Delivery Vans In Canada
General Motors Co. (NYSE: GM) will invest $800 million in a makeover of a plant in Ingersoll, Ontario to build its EV600 electric delivery vans. read more.....»»
In first post-Chapter 11 capital project, Briggs & Stratton to invest $9.4 million in Alabama plant
In Briggs & Stratton LLC’s first significant capital project under the company’s new ownership, the Wauwatosa-based manufacturer will invest $9.4 million in new equipment and add 34 employees at its complex in Auburn, Alabama......»»
Passive component maker Ta-I to set up new plant in Vietnam
Taiwan-based chip resistor specialist Ta-I Technology will invest a total of US$12 million in the establishment of a production subsidiary in Vietnam, according to a resolution approved by the company's board of directors......»»
Ford expects $600 million Q1 pretax loss due to coronavirus
Empire Kosher will on April 20 reopen the chicken-processing facility that Covid-19…; The reopening would come a week later than forecast by the company when it closed the plant shortly before the... To view the full story, click the title link......»»
Young Fast adding new laminating equipment to ramp up output in Taiwan
Young Fast Optoelectronics plans to invest NT$30 million (US$998,640) to install new laminating equipment at its plant in Taiwan for ramping up output of touch panels for industrial control and medical equipment applications, according to the company......»»
Heineken to pour $183 million into expansion in Brazil
Heineken NV will invest 865 million reais ($183.14 million) to expand its Ponta Grossa brewing plant in Brazil, the company said on Monday, as competition between the world's two largest beer makers bubbles up......»»
Navistar receives unsolicited $2.9B offer months after committing to build a new SA plant
Navistar International Corp., which is planing to invest more than $250 million to build a new local facility, could be sold. Officials with the Illinois-based company announced Thursday that it has received an unsolicited offer from TRATON SE for.....»»
Ford, Rivian to build Lincoln"s first fully electric vehicle
Ford says it will use EV startup Rivian's skateboard on its first all-electric Lincoln as part of Ford's $500 million invest.....»»
Ford Focus, Fiesta owners get transmission settlement that could top $100M
Ford has settled a class-action lawsuit with nearly 2 million owners and ex-owners of Focus and Fiesta cars with bad dual.....»»
Ford invests $82 million to expand Vietnamese plant
Ford Motor Co said on Tuesday it is investing $82 million to expand its plant in eastern Vietnam to boost production capacity......»»
$49 million box plant could create 88 jobs in Racine County
An affiliate of ND Paper Inc. could invest $49 million in a box plant in Racine County that would create 88 jobs, according to a Thursday announcement by the Wisconsin Economic Development Corp. ND Paper Inc. is already investing up to $189 milli.....»»
Laster, Excellence Optoelectronics to set up factories in Taiwan
Laster Tech will invest NT$450 million (US$14.8 million) to build a plant making components of smart LED automotive lighting modules in northern.....»»
UAW union approves new labor deal with Ford
The deal requires Ford to invest more than $6 billion in its U.S. manufacturing operations and create or retain 8,500 U.S. jobs, while also allowing the automaker to close an engine plant in Michigan......»»
U.S. DoJ demands Ford Focus, Fiesta documents: Detroit Free Press
The U.S. Department of Justice has demanded documents related to the transmission used in about 2 million of Ford Motor Co's Fiesta and Focus vehicles sold throughout this decade, the Detroit Free Press reported on Wednesday......»»
U.S. DoJ demands Ford Focus, Fiesta documentsL Detroit Free Press
The U.S. Department of Justice has demanded documents related to the transmission used in about 2 million of Ford Motor Co's Fiesta and Focus vehicles sold throughout this decade, the Detroit Free Press reported on Wednesday......»»