The Big Al
03-01-2010, 12:20 PM
Ford Invests $155 Million in Fuel-Efficient Engines; Adds Jobs with Cleveland Plant No. 1 Upgrade
CLEVELAND, Ohio -- Ford Motor Co. is investing $155 million and adding 60 jobs at its Cleveland, Ohio, operations to build a new fuel-efficient V-6 engine for the 2011 Mustang, which has highway fuel efficiency of 30 miles per gallon on the highway and 305 horsepower.
The investment and jobs at Ford's Cleveland Engine Plant No. 1 brings the company's investment in powertrain engineering and facility upgrades in North America to $1.8 billion to support its 2011 vehicle launches – with more to come, according to the Detroit automaker. The total number of jobs being added as part of these investments is 1,260. The new Mustang engine is one of nine new or upgraded engines or transmissions for 2011 model Ford, Lincoln and Mercury vehicles.
Also available for the 2011-model year are the Mustang GT – with an all-new 5.0-liter V-8 delivering 412 horsepower and projected unsurpassed highway mileage of 25 mpg – and a no-compromises Shelby GT500 powered by a 5.4-liter supercharged V-8 and 550 horsepower.
The new 3.7-liter V-6 is built at Ford's Cleveland Engine Plant 1. The 5.0-liter V-8 engine is built at Ford's Essex Engine Plant in Windsor, Ontario. The 5.4-liter supercharged V-8 is built at Ford's Romeo, Mich., Engine Plant.
Cleveland Engine Plant No. 1's V-6 engine is expected to represent two-thirds of Mustang's volume this calendar year.
The investment represents the latest in Ford's ongoing commitment to the Cleveland Engine Plant No. 1. Opened in 1951 as Ford's first engine plant in Ohio, the facility has produced more than 35 million engines.
CLEVELAND, Ohio -- Ford Motor Co. is investing $155 million and adding 60 jobs at its Cleveland, Ohio, operations to build a new fuel-efficient V-6 engine for the 2011 Mustang, which has highway fuel efficiency of 30 miles per gallon on the highway and 305 horsepower.
The investment and jobs at Ford's Cleveland Engine Plant No. 1 brings the company's investment in powertrain engineering and facility upgrades in North America to $1.8 billion to support its 2011 vehicle launches – with more to come, according to the Detroit automaker. The total number of jobs being added as part of these investments is 1,260. The new Mustang engine is one of nine new or upgraded engines or transmissions for 2011 model Ford, Lincoln and Mercury vehicles.
Also available for the 2011-model year are the Mustang GT – with an all-new 5.0-liter V-8 delivering 412 horsepower and projected unsurpassed highway mileage of 25 mpg – and a no-compromises Shelby GT500 powered by a 5.4-liter supercharged V-8 and 550 horsepower.
The new 3.7-liter V-6 is built at Ford's Cleveland Engine Plant 1. The 5.0-liter V-8 engine is built at Ford's Essex Engine Plant in Windsor, Ontario. The 5.4-liter supercharged V-8 is built at Ford's Romeo, Mich., Engine Plant.
Cleveland Engine Plant No. 1's V-6 engine is expected to represent two-thirds of Mustang's volume this calendar year.
The investment represents the latest in Ford's ongoing commitment to the Cleveland Engine Plant No. 1. Opened in 1951 as Ford's first engine plant in Ohio, the facility has produced more than 35 million engines.