Ford Investing $3.7B in Midwest, New Mustangs and Rangers to be Built in Michigan

URLhttps://www.dbusiness.com/daily-news/ford-investin
SourceDBUSINESS
Date Published06/02/2022
Author NameR.J. King
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Ford
Parent companyFord Motor Company
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):1800
What product(s) and/or service(s) were outsourced domestically?Manufacturing
Year reshoring announced:2022
Domestically, the work will be done:In-house
Capital investment ($):1500
State(s) reshored to:OH
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components, Transportation Equipment
Product(s) reshoredEV commercial vehicle
What domestic positive factors made reshoring more attractive?Customer responsiveness improvement, Labor concessions, Skilled workforce availability/training
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