Ford To Invest $400 Million In Kansas City Assembly Plant
Ford will invest $400 million in their Kansas City, Missouri assembly plant after the state government agreed to a series of tax breaks. "This investment and promise of a new vehicle to be built in Kansas City reinforces Ford's commitment to U.S. manufacturing and American jobs," said Ford President of the Americas Mark Fields.
Ford's investment will ensure nearly 3,750 full-time employees remain on the company payroll. Ford builds both the Escape and F-150 at the plant, but the Escape's demise means that Ford will likely build its Vertek crossover at the plant sometime around 2012.
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