By casting a light on a single auto manufacturer, in this case Ford, we can see what is happening in the industry. As I write, Ford just announced an investment of $1.2 billion in three Michigan facilities. The Michigan assembly plant, a 5,000,000-square-foot facility employing 3,700, will receive $850 million. The investment will help support the return of the Ranger (2018) and Bronco (2020). An investment of $150 million will expand capacity in the Romeo Engine Plant and bring 130 jobs to the facility. Current employment is 527.
The latest investments are in addition to the $700 million announced earlier this year for Ford’s Flat Rock (Michigan) Assembly Plant, which employs 3,250 in a 3,000,000-square-foot facility. This investment for high-tech electrified and autonomous vehicles will bring 700 new jobs to Flat Rock. Ford said it plans to have a fully autonomous vehicle ready for commercial ride-sharing, taxiing and package-delivery fleets in 2021.