Ford announced recently that it will invest $145 million in its Cleveland Engine Plant, for production of its second-generation Ford F-150 EcoBoost engine.
The commitment is meant to retain 8,500 hourly jobs in Michigan, Illinois, Kentucky, Missouri, New York and Ohio over four years. The Cleveland investment will help retain 1,500 jobs, Ford said in a statement.
The 365-acre Cleveland Engine Plant, opened in 1952, produces the current version of the 3.5-liter EcoBoost engine, which powers 2016 Ford F-150, Explorer, Expedition, Transit, Flex and Taurus. It also produces the 3.7L Duratech engine.
This is good news for Cleveland and I would guess some suppliers in Ashtabula County.
In closing, I remember working on a business retention project in 1978 to save the Brookpark engine plant. I was working at the Greater Cleveland Growth Association at the time. The plant is still “ticking.”